Question 9 Chapter 7 -Unimax Publication Class 12 Part 2 – 2021

Question 9 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

The ratio of current assets (₹ 9,00,000) to current liabilities (₹ 6,00,000) is 1.5:1. The accountant of the firm is interested in maintaining a current ratio of 2:1 by paying off a part of the current liabilities. Computer the amount of current liabilities the should be paid so that current ratio at the level of 2: 1 may be maintained.

The solution of Question 9 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

Let current liabilities be x to be paid

C.L. of ₹ 3,00,000 should be paid off. 

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Accounting Ratios – Meaning and Definition

Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations
• Chapter No. 2 – Partnership Accounts – I (Introduction)
• Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
• Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
• Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
• Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
• Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)

Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

• Chapter No. 1 – Company Accounts (Share Capital)
• Chapter No. 2 – Company Accounts (Issue of Debentures)
• Chapter No. 3 – Company Accounts (Redemption of Debentures)
• Chapter No. 4 – Financial Statements of a Company
• Chapter No. 5 – Financial Statement Analysis
• Chapter No. 6 –  Tools of Financial Statement Analysis- Comparative and Common Size  
• Chapter No. 7 – Ratio Analysis
• Chapter No. 8 – Cash Flow Statement

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