Question 46 Chapter 4 of +2-B
Trade Receivable Turnover Ratio
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 |
Average Collection Period | ||
Trade Receivable Turnover Ratio | = | 360 |
60 | ||
= | 6 times |
Average collection period | = | Net Credit Sales |
Average Trade Receivable | ||
= | ₹ 4,20,000 | |
Average Trade Receivable | ||
Average Trade Receivable | = | ₹ 4,20,000 |
6 | ||
= | ₹ 70,000 |
End of Solution
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The solution to all questions of Chapter No. 14 – Accounting Ratios Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.
Question 03 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 13 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 42 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 52 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 62 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 72 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 82 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 92 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 102 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 112 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
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Check out Part 1 of both books.
In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.
1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication
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