# Question 54 Chapter 4 of +2-B – USHA Publication 12 Class

Q-54- CH-4 Book 2 - Usha Pub. +2 Book 2020 - Solution

Question 54 Chapter 4 of +2-B

Trade Payable Turnover Ratio

54. (Trade Payable T/O Ratio & Average Payment Period) Calculate (i) Trade Payable turnover ratio and (ii) average payment period.

 2016 ₹ 2017 ₹ Annual credit purchases 6,80,000 7,50,000 Creditors on January 1 80,000 60,000 Creditors on December 31 60,000 90,000

Take 360 days in a year

## The solution of Question 54 Chapter 4 of +2-B: –

2016

 Trade Payable Turnover ratio = Net credit Purchases Average Trade Payable Average Trade Payable = Opening trade Payable + Closing Trade Payable 2 Net credit Purchases = ₹ 6,80,000 = ₹ 80,000 + ₹ 60,000 2 = ₹ 70,000 Trade Payable Turnover ratio = ₹ 6,80,000 ₹ 70,000 = 9.71 times Average Payment period = No. of days in a year Trade Payable Turnover ratio = 360 9.71 = 37 days

2017

 Net credit Purchases = ₹ 7,50,000 = ₹ 60,000 + ₹ 90,000 2 = ₹ 75,000 Trade Payable Turnover ratio = ₹ 7,50,000 ₹ 75,000 = 10 times Average Payment period = No. of days in a year Trade Payable Turnover ratio = 360 10 = 36 days

End of Solution

## Check Out the Solution of all questions of this chapter:

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

Question 08 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 20 Chapter 4 of +2-B – USHA Publication 12 Class

Question 26 Chapter 4 of +2-B – USHA Publication 12 Class

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

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

Question 43 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 55 Chapter 4 of +2-B – USHA Publication 12 Class

Question 61 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 73 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 85 Chapter 4 of +2-B – USHA Publication 12 Class

Question 91 Chapter 4 of +2-B – USHA Publication 12 Class

Question 97 Chapter 4 of +2-B – USHA Publication 12 Class

Question 103 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 115 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

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

Chapter No. 14 – Accounting Ratios

Chapter No. 15 – 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