Question 30 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 30 Chapter 4 of +2-B
Question No. 30- Chapter No.4 - T.S. Grewal +2 Book Part B

Question 30 Chapter 4 of +2-B

30. Capital Employed Rs. 10,00,000; Fixed Assets Rs. 7,00,000; Current
Liabilities Rs. 1,00,000. There are no Long-term Investments. Calculate Current Ratio.

The solution of Question 30 Chapter 4 of +2-B: –

Capital Employed = Rs. 10,00,000
Fixed Assets = Rs. 7,00,000
Current Assets = Capital Employed + Current Liabilities – Fixed Assets
  = Rs.10,00,000 + Rs.1,00,000 – Rs.7,00,000
Current Assets = Rs. 4,00,000

 

Current Ratio Current Assets = Rs.4,00,000
Current Liabilities Rs.1,00,000
  = 4: 1    

 

Balance Sheet: Meaning, Format & Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of previous Chapters: –

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

Advertisement-X

Advertisement

error: Content is protected !!