Question 46 Chapter 4 of +2-B - USHA Publication 12 Class

Question 46 Chapter 4 of +2-B

Trade Receivable Turnover Ratio

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46. (Trade Receivable T/O Ratio/Average Trade Receivable) A business firm made credit sales of (Revenue from Operation) ₹ 4,20,000 during the financial year. If the collection period is 60 days and the year is assumed to be of 360 days. Calculate (i) Trade receivable turnover ratio (ii) Average Debtors.

The solution of Question 46 Chapter 4 of +2-B: –

Trade Receivable Turnover Ratio	=	Number of days
Trade Receivable Turnover Ratio	=	Average Collection Period

Trade Receivable Turnover Ratio	=	360
Trade Receivable Turnover Ratio	=	60

	=	6 times

Average collection period	=	Net Credit Sales
Average collection period	=	Average Trade Receivable

	=	₹ 4,20,000
	=	Average Trade Receivable

Average Trade Receivable	=	₹ 4,20,000
Average Trade Receivable	=	6

	=	₹ 70,000

End of Solution

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Question 14 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 31 A Chapter 4 of +2-B – USHA Publication 12 Class

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Question 37 Chapter 4 of +2-B – USHA Publication 12 Class

Question 38 Chapter 4 of +2-B – USHA Publication 12 Class

Question 39 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 45 Chapter 4 of +2-B – USHA Publication 12 Class

Question 46 Chapter 4 of +2-B – USHA Publication 12 Class

Question 47 Chapter 4 of +2-B – USHA Publication 12 Class

Question 48 Chapter 4 of +2-B – USHA Publication 12 Class

Question 49 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 57 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 59 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 67 Chapter 4 of +2-B – USHA Publication 12 Class

Question 68 Chapter 4 of +2-B – USHA Publication 12 Class

Question 69 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 77 Chapter 4 of +2-B – USHA Publication 12 Class

Question 78 Chapter 4 of +2-B – USHA Publication 12 Class

Question 79 Chapter 4 of +2-B – USHA Publication 12 Class

Question 80 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 96 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 99 Chapter 4 of +2-B – USHA Publication 12 Class

Question 100 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 108 Chapter 4 of +2-B – USHA Publication 12 Class

Question 109 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 120 Chapter 4 of +2-B – USHA Publication 12 Class

Question 121 Chapter 4 of +2-B – USHA Publication 12 Class

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Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Chapter No. 11 – Financial Statements of a Company

Chapter No. 12 – Financial Statement Analysis

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Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size

Chapter No. 14 – Accounting Ratios

Chapter No. 15 – Cash Flow Statement

Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication

Check out Part 1 of both books.

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1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication