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

Question 04 Chapter 2 of +2-B

Question 04 Chapter 4 of +2-B

I. Liquidity Ratios

4. (Current Ratio) Calculate current ratio.

 
Cash in hand 8,000
Inventories 9,000
Sundry Debtors 11,000
Loose Tools 15,000
Computer 30,000
Bills Receivable 6,000
Trade Payable 7,000
Overdraft 10,000

The solution of Question 04 Chapter 4 of +2-B: – 

 

Current Assets = Cash in hand + Inventories + Sundry Debtors + Bills Receivable
  = ₹ 8,000 + ₹ 9,000 + ₹ 11,000 + ₹ 6,000
Current Assets = ₹ 34,000

 

Current Liabilities = Trade Payable + Overdraft
  = ₹ 7,000 + ₹ 10,000
Current Liabilities = ₹ 17,000

 

Current Ratio= Current Assets
Current Liabilities

 

Current Ratio= 34,000
17,000


Current Ratio=2:1

What are Liquidity Ratios – Formulas and Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 04 Chapter 4 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

Leave a Reply

Your email address will not be published. Required fields are marked *