Question 6 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 6 Chapter 4 of +2-B

Question 6 Chapter 4 of +2-B

Current Ratio and Quick Ratio

6. Current Assets are Rs. 7,50,000, and Working Capital is Rs. 2,50,000.
Calculate Current Ratio.

The solution of Question 6 Chapter 4 of +2-B: – 

Current Assets =Rs. 7,50,000
Working Capital= Rs. 2,50,000
Working Capital= Current Assets – Current Liabilities
  Rs. 7,50,000 – Current Liabilities
  Rs. 7,50,000 – Rs. 2,50,000
Current Liabilities = Rs. 5,00,000 

 

Current Ratio= Current Assets
Current Liabilities
Current Ratio= 7,50,000
5,00,000


Current Ratio=1.5 : 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)

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)

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2 Book 3 min 225x300 - Question 6 Chapter 4 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

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