Question 12 Chapter 7 -Unimax Publication Class 12 Part 2 – 2021

Question 12 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

The current ratio is 2:1. State giving reasons which of the following transactions would improve, reduce and not change the current ratio.
(a) Repayment of current liabilities
(b) Purchasing goods on credit
(c) Sale of an office typewriter (book value ₹ 4,000) for ₹ 3,000 only
(d) Sale of merchandise (goods) costing ₹ 10,000 for ₹ 11,000
(e) Payment of dividend

The solution of Question 12 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

(a) Improve 

(b) Reduce

(c) Improve

(d) Improve

(e) Improved 

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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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