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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

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Question 30 Chapter 4 of +2-B

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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 RatioCurrent Assets=Rs.4,00,000
Current LiabilitiesRs.1,00,000
 =4: 1  

 

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Balance Sheet: Meaning, Format & Examples

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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

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