Question 13 Chapter 4 of +2-B
I. Liquidity Ratios
13. (Current Ratio & Acid Test Ratio given )Given
The current ratio of 2: 1
Acid Test ratio of 0.5: 1
Current Liabilities ₹ 2,00,000
Find out
Current assets
Quick assets
Inventories
The solution of Question 13 Chapter 4 of +2-B: –
Solution: – (a)
Current Ratio | = | 2 : 1 |
Current Liabilities | = | 2,00,000 |
Current Assets | = | Current Liabilities x 2 |
= | ₹ 2,00,000 x 2 | |
= | ₹ 4,00,000 |
Solution: – (b)
Quick Ratio | = | 0.5 : 1 |
Current Liabilities | = | ₹ 2,00,000 |
Quick Assets | = | Current Liabilities x 0.5 |
= | ₹ 2,00,000 x 0.5 | |
= | ₹ 1,00,000 |
Solution: – (c)
Inventories | = | Current Assets – Quick Assets |
= | ₹ 4,00,000 – ₹ 1,00,000 | |
= | ₹ 3,00,000 |
What are Liquidity Ratios – Formulas and Examples
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Question 07 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 17 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 27 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 36 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 56 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 66 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 76 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 86 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 96 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 106 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 116 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
Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size
Chapter No. 14 – Accounting Ratios
Chapter No. 15 – Cash Flow Statement
Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Check out Part 1 of both books.
In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.
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1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication
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