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Question 79 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 79 Chapter 4 of +2-B
Question No. 79- Chapter No.4 - T.S. Grewal +2 Book Part B

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Question 79 Chapter 4 of +2-B

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Trade Receivables Turnover Ratio

79.

Credit Revenue from operations, i.e., Net  Credit Sales for the year1,20,000
Debtors12,000
Bills Receivable8,000

Calculate the Trade Receivables Turnover Ratio.

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The solution of Question 79 Chapter 4 of +2-B: –

 

Trade Receivables Turnover RatioNet Sales
Debtors + Bills Receivable
Inventory Turnover RatioRs. 1,20,000
Rs. 12,000 + Rs. 8,000
 =6 Times

 

 

Balance Sheet: Meaning, Format & Examples

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Comment if you have any question.

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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