# Question 03 Chapter 4 of +2-B – USHA Publication 12 Class

Q-3- CH-4 Book 2 - Usha Pub. +2 Book 2020 - Solution

Question 03 Chapter 4 of +2-B

I. Liquidity Ratios

3. (Current Ratio) Find out current ratio.
Trade Receivable ₹ 33,000; Provision for Bad Debts ₹ 3,000 ; Stock twice of net Debtors ; Cash in hand ₹ 16,000 ; Advance to suppliers ₹ 15,000 ; Trade Payable ₹ 35,000 ; Outstanding expenses ₹ 15,000 ; Prepaid expenses ₹ 5,000 Investment (Long term) ₹ 12,000.

## The solution of Question 03 Chapter 4 of +2-B: –

 Current Assets = Trade Receivable + Stock + Cash Advance to suppliers + Prepaid expenses ₹ 2,50,000 = ₹ 33,000 + ₹ 60,000* + ₹ 16,000 + ₹ 15,000 + ₹ 5,000 Current Assets = ₹ 1,26,000

 Current Liabilities = Trade Payable + Outstanding expenses = ₹ 35,000 + ₹ 15,000 Current Liabilities = ₹ 50,000

 Current Ratio= Current Assets Current Liabilities

 Current Ratio= 1,26,000 50,000

Current Ratio=2.52:1

What are Liquidity Ratios – Formulas and Examples

Comment if you have any question.

End of Solution

## Check Out the Solution of all questions of this chapter:

The solution to all questions of Chapter No. 14 – Accounting Ratios Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.

Question 04 Chapter 4 of +2-B – USHA Publication 12 Class

Question 10 Chapter 4 of +2-B – USHA Publication 12 Class

Question 16 Chapter 4 of +2-B – USHA Publication 12 Class

Question 22 Chapter 4 of +2-B – USHA Publication 12 Class

Question 28 Chapter 4 of +2-B – USHA Publication 12 Class

Question 33 Chapter 4 of +2-B – USHA Publication 12 Class

Question 39 Chapter 4 of +2-B – USHA Publication 12 Class

Question 45 Chapter 4 of +2-B – USHA Publication 12 Class

Question 51 Chapter 4 of +2-B – USHA Publication 12 Class

Question 57 Chapter 4 of +2-B – USHA Publication 12 Class

Question 63 Chapter 4 of +2-B – USHA Publication 12 Class

Question 69 Chapter 4 of +2-B – USHA Publication 12 Class

Question 75 Chapter 4 of +2-B – USHA Publication 12 Class

Question 81 Chapter 4 of +2-B – USHA Publication 12 Class

Question 87 Chapter 4 of +2-B – USHA Publication 12 Class

Question 93 Chapter 4 of +2-B – USHA Publication 12 Class

Question 99 Chapter 4 of +2-B – USHA Publication 12 Class

Question 105 Chapter 4 of +2-B – USHA Publication 12 Class

Question 111 Chapter 4 of +2-B – USHA Publication 12 Class

Question 117 Chapter 4 of +2-B – USHA Publication 12 Class

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## Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Chapter No. 11 – Financial Statements of a Company

Chapter No. 12 – Financial Statement Analysis

Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size

Chapter No. 14 – Accounting Ratios

Chapter No. 15 – Cash Flow Statement

## Check out Part 1 of both books.

In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.

1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication

2. Advanced Accountancy Part 1 Class 12 by Unimax Publication