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Question 49 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 49 Chapter 4 of +2-B
Question No. 49- Chapter No.4 - T.S. Grewal +2 Book Part B

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Question 49 Chapter 4 of +2-B

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Total Assets to Debt Ratio

49. Calculate Total Assets To Debt Ratio from the following information:

ParticularsRs.ParticularsRs.
Total Assets15,00,000Bills Payable60,000
Total Debts12,00,000Bank Overdraft50,000
Creditors90,000Outstanding Expenses20,000

 

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 RatioTotal Assets=Rs.15,00,000
Long- term DebtsRs. 9,80,000
 =1.53: 1  

 

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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)

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

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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