Question 13 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
Current ratio 2.5:1 working capital is ₹ 60,000. Calculate the amount of current assets and current liabilities.
The solution of Question 13 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –
| Current Ratio = | = | Current Assets | ||
| Current Liabilities |
| 2 : 5 | = | Current assets | |||
| 1 | Current liabilities |
| Let current assets | = 2.5x |
| Current liabilities | = 1x |
| Working capital | Current assets – current liabilities |
| 60,000 | = 2.5x – x |
| 60,000 | = 1.5x |
| = | 60,000 | = | ₹ 40,000 | |
| x | 1.5 |
| Current liabilities | = x = ₹ 40,000 |
| Current assets | =2.5x =2.5 x 40,000 |
| = ₹ 1,00,000 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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