Question 10 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
X Ltd. has current ratio 3.5:1 and quick ratio of 2:1. If its inventory is ₹ 30,000. Find out its current assets, current liabilities and quick ratio
The solution of Question 10 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –
| Position Before Payment of C.L | Position Before Payment of C.L | ||||
| C.A | = ₹ 3,00,000 | C.A | = | ₹ 2,40,000 | |
| C.L | = 1,20,000 + 60,000 | C.R | = | Current Assets | |
| Current Liabilities | |||||
| = ₹ 1,80,000 | 2 | = | 2,40,000 | ||
| W.C. | = C.A. – C.L. | 1 | C.L | ||
| = 3,00,000 – 1,80,000 | |||||
| = ₹ 1,20,000 | C. L = | 2,40,000 | = | ₹ 1,20,000 | |
| 2 | |||||
| W.C | = C.A. – C.L. |
| = 2,40,000 -1,20,00 | |
| = ₹ 1,20,000 Ans. |
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Accounting Ratios – Meaning and Definition
Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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