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Question 85 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 85 Chapter 4 of +2-B
Question No. 85- Chapter No.4 - T.S. Grewal +2 Book Part B

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Question 85 Chapter 4 of +2-B

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Trade Receivables Turnover Ratio

85. Closing Trade Receivables Rs. 1,20,000, Revenue from Operations Rs.
14,40,000. Provision for Doubtful Debts Rs. 20,000.
Calculate the Trade Receivables Turnover Ratio.

The solution of Question 85 Chapter 4 of +2-B: –

Closing Trade Receivables=Rs. 1,20,000
Revenue from Operations=Rs. 14,40,000

 

Trade Receivable Turnover RatioCredit Revenue from Operations
Average Trade Receivable
 Rs. 14,40,000
Rs. 1,20,000
 =12 Times

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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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