Question 45 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 45 Chapter 4 of +2-B

Question 45 Chapter 4 of +2-B

45. Shareholders’ Funds Rs. 1,60,000; Total Debts Rs. 3,60,000; Current
Liabilities Rs. 40,000.
Calculate Total Assets To Debts Ratio.

 

The solution of Question 45 Chapter 4 of +2-B: –

Long-term Debts = Total Debts – Current Liabilities
  = Rs. 3,60,000 – Rs. 40,000
Long-term Debt = Rs. 3,20,000
Total Assets = Long-term Debts + Shareholders’ Funds + Current Liabilities
  = Rs. 3,20,000 – Rs. 1,60,000 + Rs. 40,000
Total Assets = Rs. 5,20,000



Total Assets to Debt Ratio Total Assets = Rs.5,20,000
Long- term Debts Rs.3,20,000
  = 1.625: 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)

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)

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T.S. Grewal’s Analysis of Financial Statements

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