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Question 101 Chapter 4 of +2-B – USHA Publication 12 Class

Posted by By Shubham Sharma 2 Min Read July 13, 2024
Question 101 Chapter 4 of +2-B
Q-101- CH-4 Book 2 - Usha Pub. +2 Book 2020 - Solution

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Question 101 Chapter 4 of +2-B

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Miscellaneous (Analytical Questions)

101. (GP Ratio/Inventory T/O Ratio/Trade Receivable T/O Ratio) From the followings information calculate. (i) Gross Profit Ratio (ii) Inventory Turnover Ratio
(iii) Trade Receivable Turnover Ratio
Revenue from Operation ₹ 1,50,000, Cost of Revenue from Operation ₹ 1,20,000, Opening inventory ₹ 27,000, Closing inventory ₹ 33,000. Trade Receivables ₹ 14,000 Bills Receivable ₹ 6,000

The solution of Question 101 Chapter 4 of +2-B: – 

(a) Gross Profit Ratio=Gross ProfitX100
Net Sales
 =   
 =₹ 30,000X100
 ₹ 1,50,000
 =20%  

 

(ii) Inventory Turnover Ratio=Cost of goods sold
Average Inventory
 = 
 =₹ 1,20,000
 ₹ 30,000
 =4 times
(iii) Trade Receivable Turnover Ratio=Net Credit Sales
Average Trade Receivable
 = 
 =₹ 1,50,000
 ₹ 20,000
 =7.5 times

 

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Working Notes

Gross Profit=Net Sales – Cost of goods sold
 =₹ 1,50,000 – ₹ 1,20,000
 =₹ 30,000

 

Average Inventory=Opening Inventory + Closing Inventory
2
   
 =₹ 27,000 + 33,000
 2
 =₹ 30,000

 

Average Trade Receivable=Opening Trade Receivable + Closing Trade Receivable
2
   
 =₹ 14,000 + 6,000
 2
 =₹ 20,000

End of Solution

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Question 01 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 02 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 11 Chapter 4 of +2-B – USHA Publication 12 Class

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

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Question 14 Chapter 4 of +2-B – USHA Publication 12 Class

Question 15 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 17 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 20 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 29 Chapter 4 of +2-B – USHA Publication 12 Class

Question 30 Chapter 4 of +2-B – USHA Publication 12 Class

Question 31 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 31 A Chapter 4 of +2-B – USHA Publication 12 Class

Question 32 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 34 Chapter 4 of +2-B – USHA Publication 12 Class

Question 35 Chapter 4 of +2-B – USHA Publication 12 Class

Question 36 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 37 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 40 Chapter 4 of +2-B – USHA Publication 12 Class

Question 41 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 46 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 49 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 53 Chapter 4 of +2-B – USHA Publication 12 Class

Question 54 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 55 Chapter 4 of +2-B – USHA Publication 12 Class

Question 56 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 58 Chapter 4 of +2-B – USHA Publication 12 Class

Question 59 Chapter 4 of +2-B – USHA Publication 12 Class

Question 60 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 64 Chapter 4 of +2-B – USHA Publication 12 Class

Question 65 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 67 Chapter 4 of +2-B – USHA Publication 12 Class

Question 68 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 70 Chapter 4 of +2-B – USHA Publication 12 Class

Question 71 Chapter 4 of +2-B – USHA Publication 12 Class

Question 72 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 73 Chapter 4 of +2-B – USHA Publication 12 Class

Question 74 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 76 Chapter 4 of +2-B – USHA Publication 12 Class

Question 77 Chapter 4 of +2-B – USHA Publication 12 Class

Question 78 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 85 Chapter 4 of +2-B – USHA Publication 12 Class

Question 86 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 88 Chapter 4 of +2-B – USHA Publication 12 Class

Question 89 Chapter 4 of +2-B – USHA Publication 12 Class

Question 90 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 91 Chapter 4 of +2-B – USHA Publication 12 Class

Question 92 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 94 Chapter 4 of +2-B – USHA Publication 12 Class

Question 95 Chapter 4 of +2-B – USHA Publication 12 Class

Question 96 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 97 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 100 Chapter 4 of +2-B – USHA Publication 12 Class

Question 101 Chapter 4 of +2-B – USHA Publication 12 Class

Question 102 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 103 Chapter 4 of +2-B – USHA Publication 12 Class

Question 104 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 106 Chapter 4 of +2-B – USHA Publication 12 Class

Question 107 Chapter 4 of +2-B – USHA Publication 12 Class

Question 108 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 109 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 115 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 118 Chapter 4 of +2-B – USHA Publication 12 Class

Question 119 Chapter 4 of +2-B – USHA Publication 12 Class

Question 120 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 121 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

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

Chapter No. 14 – Accounting Ratios

Chapter No. 15 – Cash Flow Statement

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