Question 34 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 34 Chapter 4 of +2-B

 

Question 34 Chapter 4 of +2-B

34. Total Assets Rs. 2,60,000; Total Debts Rs. 1,80,000; Current Liabilities Rs.
20,000. Calculate Debt to Equity ratio.

The solution of Question 34 Chapter 4 of +2-B: –

Total Debts  = Rs. 1,80,000
Current Liabilities = Rs. 20,000
Equity = Total Assets – Total Liabilities
  = Rs.2,60,000 – Rs.1,80,000
Equity = Rs.80,000
Long-term Debts = Total Debts – Current Liabilities
  = Rs.1,80,000 – Rs.20,000
Debt = Rs. 1,60,000

 

 

Debt to Equity Ratio Long-term Debts = Rs.1,60,000
Equity Rs.80,000
  = 2: 1    

 

 

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)

  • Chapter No. 1 – Financial Statement of Not-For-Profit Organisations
  • Chapter No. 2 – Accounting for Partnership Firms – Fundamentals
  • Chapter No. 3 – Goodwill: Nature and Valuation
  • Chapter No. 4 – Change in Profit-Sharing Ratio Among the Existing Partners
  • Chapter No. 5 – Admission of a Partner
  • Chapter No. 6 – Retirement/Death of a Partner
  • Chapter No. 7 – Dissolution of a Partnership Firm

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)

  • Chapter No. 1 – Financial Statements of a Company
  • Chapter No. 2 – Financial Statement Analysis 
  • Chapter No. 3 – Tools of Financial Statement Analysis – Comparative Statements and Common- Size Statements
  • Chapter No. 4 – Accounting Ratios
  • Chapter No. 5 – Cash Flow Statement

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

2 Book 3 min 225x300 - Question 34 Chapter 4 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

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