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

Question 79 Chapter 4 of +2-B

Question 79 Chapter 4 of +2-B

Trade Receivables Turnover Ratio

79.

Credit Revenue from operations, i.e., Net  Credit Sales for the year 1,20,000
Debtors 12,000
Bills Receivable 8,000

Calculate the Trade Receivables Turnover Ratio.

 

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

 

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

 

 

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 79 Chapter 4 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

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