Question 49 Chapter 4 of +2-B
Table of Contents
Total Assets to Debt Ratio
49. Calculate Total Assets To Debt Ratio from the following information:
| Particulars | Rs. | Particulars | Rs. |
| Total Assets | 15,00,000 | Bills Payable | 60,000 |
| Total Debts | 12,00,000 | Bank Overdraft | 50,000 |
| Creditors | 90,000 | Outstanding Expenses | 20,000 |
The solution of Question 49 Chapter 4 of +2-B: –
| Current Liabilities | = | Creditors + Bills Payable + Bank Overdraft Outstanding Expenses |
| = | Rs. 90,000 + Rs. 60,000 + Rs. 50,000 + Rs. 20,000 | |
| Current Liabilities | = | Rs. 2,20,000 |
| Long-term Debt | = | Total Debts – Current Liabilities |
| = | Rs. 12,00,000 – Rs. 2,20,000 | |
| Long-term Debt | = | Rs. 9,80,000 |
| Total Assets | = | Rs. 15,00,00 |
| Total Assets to Debt Ratio | = | Total Assets | = | Rs.15,00,000 |
| Long- term Debts | Rs. 9,80,000 | |||
| = | 1.53: 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)
- Chapter No. 8 – Company Accounts – Accounting for Share Capital
- Chapter No. 9 – Company Accounts – Issue of Debentures
- Chapter No. 10 – Redemption of Debentures
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
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