Question 16 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
From the following information calculation the debt-equity ratio and the current ratio:
| Particulars | ₹ |
| Share capital | 1,00,000 |
| Bills payable | 18,000 |
| Bank balance | 40,000 |
| General reserve | 60,000 |
| Debenture | 1,60,000 |
| Debtors | 60,000 |
| Creditors | 32,000 |
| Long term loan | 20,000 |
The solution of Question 16 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –
| (i) Debt – Equity Ratio = | = | Long term debts | ||
| Shareholder fund |
| = | 1,60,000 + 20,000 | |||
| 1,00,000 + 60,000 |
| = | 1,80,000 | ||||
| 1,60,000 | |||||
| = | 1.25 : 1 Ans.. |
| (ii) Current Ratio = | = | Current Assets | ||
| Current Liabilities |
| = | 40,000 + 60,000 | |||
| 18,000 = 32,000 |
| = | 1,00,000 | |||
| 50,000 | ||||
| = | 2 :1 Ans. |
Thanks, Please Like and share with your friends
Comment if you have any Doubts.
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
Check out T.S. Grewal +2 Book 2023@ Official Website of Sultan Chand Publication
