Question 102 Chapter 4 of +2-B
Table of Contents
Miscellaneous (Analytical Questions)
102 (Debt Equity Ratio/Current Ratio) From the following information calculate the (i) Debt equity Ratio and (ii) the current Ratio.
| Share capital | ₹ 1,50,000 |
| Trade Payable | ₹ 60,000 |
| Debentures | ₹ 2,75,000 |
| Bank Balance | ₹ 45,000 |
| Long term Loan | ₹ 1,00,000 |
| General Reserve | ₹ 20,000 |
| Trade Receivable | ₹ 95,000 |
| Output IGST | ₹ 10,000 |
The solution of Question 102 Chapter 4 of +2-B: –
| (i) Debt Equity Ratio | = | Debt |
| Equity | ||
| = | ||
| = | ₹ 3,75,000 | |
| ₹ 1,70,000 | ||
| = | 2.2 : 1 |
| (ii) Current Ratio | = | Current Assets |
| Current Liabilities | ||
| = | ||
| = | ₹ 1,40,000 | |
| ₹ 70,000 | ||
| = | 2 : 1 |
Working Notes
| Debt | = | Debentures + Long term Loan |
| = | ₹ 2,75,000 + ₹ 1,00,000 | |
| = | ₹ 3,75,000 | |
| Current Assets | = | Bank + Trade Receivable |
| = | ₹ 45,000 + ₹ 95,000 | |
| = | ₹ 1,40,000 | |
| Current Liabilities | = | Creditors + Output IGST |
| = | ₹ 60,000 + ₹ 10,000 | |
| = | ₹ 70,000 |
Also, Check out the solved question of previous Chapters: –
Usha 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 (Reconstitution of Partnership)
- 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)
- Chapter No. 8 – Company Accounts (Share Capital)
- Chapter No. 9 – Company Accounts (Issue of Debentures)
- Chapter No. 10 – Company Accounts (Redemption of Debentures)
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 4 – Ratio Analysis
- Chapter No. 5 – Cash Flow Statement
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