Advertisement
VDO+ Tag:Question 1 Chapter 14 of Class 12 Part – 2 – 2024
I. Liquidity Ratios
Advertisement
Video Tag:1. (Current Ratio) From the following calculate the current ratio.
| Balance Sheet of XYZ Company LTD. As of 31st March 2018 | |
| Particular | ₹ |
| I. Equity and Liabilities | |
| Shareholders’ Funds | |
| Share Capital | 21,000 |
| Reserve and Surplus | |
| surplus in Statement of Profit and Loss | 2,500 |
| Reserves | 1,500 |
| Current Liabilities | |
| Short-term Borrowings : | |
| Bank Overdraft | 2,000 |
| Trade Payable | 6,000 |
| 33,000 | |
| II. Assets | |
| Non-Current Assets | |
| Tangible Assets | |
| Fixed Assets (Net) | 17,000 |
| Current Assets | |
| Inventories | 6,200 |
| Trade Receivable | 3,200 |
| Input CGST | 1,500 |
| Input SGST | 1,500 |
| Cash | 3,600 |
| 33,000 | |
The solution of Question 1 Chapter 14 of Class 12 Part – 2 – 2024: –
| Current Assets | = | Inventories + Trade Receivable + Input CGST + Input SGST + Cash |
| = | ₹ 6,200 + ₹ 3,200 + ₹ 1,500 + ₹ 1,500 + ₹ 3,600 | |
| = | ₹ 16,000 |
| Current Liabilities | = | Bank Overdraft + Trade Payable |
| = | ₹ 2,000 + ₹6,000 | |
| = | ₹ 8,000 |
| Current Ratio= | Current Assets |
| Current Liabilities |
| Current Ratio= | |
| 8,000 |
Current Ratio=2:1
Thanks, Please Like and share with your friends
Comment if you have any questions.
End of Solution
Check Out the Solution of all questions of this chapter:
The solution to all questions of Chapter No. 14 – Ratio Analysis Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.
Thanks for completing the chapter. If you understand the question or we have helped you with your homework, please share our website on your social media. We are delighted to help you out.
Thanks again.
Download a PDF of Chapter No. 14 – Ratio Analysis:
If you want to download a PDF of this chapter then you can do it. Check out our PDF file on our Store page.
End of Post
Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum
Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.
Chapter No. 8 – Company Accounts (Share Capital)
Chapter No. 9 – Company Accounts (Issue of Debentures)
Chapter No. 10 – Company Accounts (Redemption of Debentures)
Chapter No. 11 – Financial Statements of a Company
Chapter No. 12 – Financial Statement Analysis
Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size
Chapter No. 14 – Ratio Analysis
Chapter No. 15 – Cash Flow Statement
Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Check out Part 1 of both books.
In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.
1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication