X Ltd. has a Current Ratio of 3.5 : 1 and Quick Ratio of 2 : 1. Ratio of Current Assets (₹3,00,000) to Current Liabilities (₹2,00,000) is 1.5:1. Which of the following suggestions would increase, decrease or not change it: Assuming That the Debt to Equity Ratio is 2 : 1, state giving reasons, which of the following transactions would (i) increase; (ii) Decrease; (iii) Not alter Debt to Equity Ratio: From the following Balance Sheet of ABC Ltd. as at 31st March, 2019, Calculate Debt to Equity Ratio: (c) Short-term Provisions: Provision for Tax. A limited company made Credit Sales of ₹ 4,00,000 during the financial period. Opening Inventory ₹ 40,000; Purchases ₹ 3,20,000; and Closing Inventory ₹ 1,20,000.State, giving reason, which of the following transactions would (i) increase, (ii) decrease, (iii) neither increase nor decrease the Inventory Turnover Ratio:(a) Sale of goods for ₹ 40,000 (Cost ₹ 32,000). Calculate value of Opening and Closing Inventories. If you are a student of Class 12 who is using TS Grewal Textbook to study Accountancy, then you must come across Chapter 9 Issue of Debentures. English Shaalaa provides solutions for TS Grewal Class 12 and has all the answers for the questions given in Class 12 Accountancy - Double Entry Book Keeping Volume 1.Shaalaa is surely a site that most of your classmates are using to perform well in exams. Opening Trade Receivables = Closing Trade Receivables − Excess of Closing Trade Receivables over Opening Trade Receivables.]. Total Liquid Assts are ₹12,00,000 and Quick Ratio is 2:1. Current Assets ₹ 3,00,000; Inventories ₹ 60,000; Working Capital ₹ 2,52,000.Calculate Quick Ratio. Right now we added the solutions of the class 12th text book(TS Grewal Vol-iii Edition-2018) in this app, which help you get the answers in on just single click and through which you get better understanding on the questions. Our Class 12 Accountancy TS Grewal Chapter wise Textbook Solutions are easy to understand for preparation and revision. Here we are providing the solutions to all the chapters of TS Grewal Accountancy Class 12 Textbook for the students. (iv) Stock-in-Trade costing ₹20,000 withdrawn for personal use. Calculate Net Profit Ratio. All the Solutions in TS Grewal are clear to comprehend. Calculate the amount of Current Assets and Current Liabilities. The questions involved in TS Grewal Solutions are important questions Students can download the Double Entry Book Keeping TS Grewal Solutions Class 12 at free of cost. Calculate Total Assets to Debt Ratio. These solutions for Class 12 are outlined keeping in mind the latest CBSE syllabus, hence possessing a high chance of appearing in the board exams. From the information given below, calculate Trade Receivables Turnover Ratio:Credit Revenue from Operations, i.e., Credit Sales ₹8,00,000; Opening Trade Receivables ₹1,20,000; and Closing Trade Receivables ₹2,00,000.State giving reason, which of the following would increase, decrease or not change Trade Receivables Turnover Ratio:(i) Collection from Trade Receivables ₹40,000. Inventory is ₹ 6,00,000. Total Debt ₹12,00,000; Current Liabilities ₹4,00,000; Capital Employed ₹`12,00,000. Calculate Trade Receivables Turnover Ratio from the following information: Total Sales ₹ 1,00,000; Sales Return ₹ 1,500; Cash Sales ₹ 23,500. Question 1. Calculate Gross Profit Ratio. TS Grewal Solutions Class 12 is considered to be the most important study source for the students who are studying Class 12. These solutions for Class 12 are outlined keeping in mind the latest CBSE syllabus, hence possessing a big chance of appearing in the board exams. (ii) Cost of Revenue from Operations is ₹3,00,000. Capital Employed ₹ 12,00,000; Net Fixed Assets 8,00,000; Cost of Goods Sold or Cost of Revenue from Operations ₹ 40,00,000; Gross Profit is 20% on Cost. Calculate value of Inventory. Calculate Current Ratio. (v) Stock-in-Trade costing ₹15,000 distributed as free sample. If Inventory Turnover Ratio is 8 times, calculate inventories at the end of the year. Available here are Chapter 3 - Accounting Ratios Exercises Questions with Solutions and detail explanation for your practice before the examination Its Current Ratio is 3 : 1 and Liquid Ratio is 1 : 1. These solutions for CBSE Class 12 are outlined keeping in mind the current CBSE syllabus, hence possessing a great chance of appearing in the board examinations. All questions and answers from the Double Entry Book Keeping Ts Grewal Vol. Goodwill is to be valued at three yearsâ purchase of four yearsâ average profit. Incase you are looking for solutions for TS Grewal Double Entry Book Keeping Class 12 Solutions editions 2018- 2019, 2019 2020 and 2020 2021 for Volume 1, 2 and 3. Contents of the App: T.S. Calculate Inventory Turnover Ratio from the following information: Opening Inventory is ₹50,000; Purchases ₹3,90,000; Revenue from Operations, i.e., Net Sales ₹6,00,000; Gross Profit Ratio 30%. Calculate Trade Receivables Turnover Ratio. Calculate Inventory Turnover Ratio in each of the following alternative cases:Case 1: Cash Sales 25% of Credit Sales; Credit Sales ₹3,00,000; Gross Profit 20% on Revenue from Operations, i.e., Net Sales; Closing Inventory ₹1,60,000; Opening Inventory ₹40,000.Case 2: Cash Sales 20% of Total Sales; Credit Sales ₹4,50,000; Gross Profit 25% on Cost; Opening Inventory ₹37,500; Closing Inventory ₹1,12,500. T. S. Grewal Solutions for Class 12-commerce Accountancy CBSE, 1 Financial Statements of Not-for-Profit Organisations. You will also love the ad-free experience on Meritnation’s Double Entry Book Keeping Ts Grewal Vol. Salaries of partners, b. Class 12 Accountancy - Double Entry Book Keeping Volume 2 Author: TS Grewal Publisher: S Chand Language: . Our team of experts have provide solutions for all previous editions of TS Grewal Accountancy book for Class 12. Double Entry Book Keeping TS Grewal Solutions Class 12 are extremely helpful for examination preparation. (ii) Revenue from Operations, Cash Sales ₹4,00,000; Credit Sales ₹1,00,000; Gross Profit ₹1,00,000; Office and Selling Expenses ₹50,000. Cost of Revenue from Operations or Cost of Goods Sold ₹8,00,000. Case 3: Cost of Revenue from Operations or Cost of Goods Sold ₹3,00,000; Gross Profit on Cost 25%; Cash Sales 20% of Total Sales; Opening Trade Receivables ₹50,000; Closing Trade Receivables ₹1,00,000. Calculate Cost of Revenue from Operations (Cost of Goods Sold). You will also love the ad-free experience on Meritnationâs Double Entry Book Keeping Ts Grewal Vol. (i) Revenue from Operations: Cash Sales ₹4,20,000; Credit Sales ₹6,00,000; Return ₹20,000. All solutions are latest and up-to-date. A company had Current Assets of ₹4,50,000 and Current Liabilities of ₹2,00,000. The Quick Ratio of a company is 0.8:1. From the following information, calculate Liquid Ratio: Quick Assets ₹ 1,50,000; Inventory (Stock) ₹ 40,000; Prepaid Expenses ₹ 10,000; Working Capital ₹ 1,20,000. From the information given below, calculate any three of the following ratio: On the basis of the following information calculate: From the following, calculate (a) Debt to Equity Ratio; (b) Total Assets to Debt Ratio; and (c) Proprietary Ratio: From the following information related to Naveen Ltd., calculate (a) Return on Investment and (b) Total Assets to Debt Ratio:Information: Fixed Assets ₹ 75,00,000; Current Assets ₹ 40,00,000; Current Liabilities ₹ 27,00,000; 12% Debentures ₹ 80,00,000 and Net Profit before Interest, Tax and Dividend ₹ 14,50,000. Calculate Total Assets to Debt Ratio. I 2019 Solutions for Class 12 Accountancy Chapter 3 - Goodwill: Nature and Valuation; Double Entry Book Keeping- TS Grewal Vol. All questions and answers from the Analysis Of Financial Statements Ts Grewal 2019 Book of Class 12 Commerce Accountancy Chapter 5 are provided here for you for free. You can have precise and clear solutions to difficult problems too. TS Grewal Solutions Class 12 Accountancy Vol 1 Chapter 3- Goodwill- Nature and Valuation, covers all the questions provided in TS Grewal Books for 12th Class Accountancy Subject. I 2019 Solutions for Class 12 Accountancy Chapter 4 - Change in Profit-Sharing Ratio Among the Existing Partners; Double Entry Book Keeping- TS Grewal Vol. Profits for last four (ending on 31st March of the firm were: 2013 â Rs.12,000; 2014 â Rs.18,000; 2015 â Rs.16,000; 2016- Rs.14,000. TS Grewal Solutions for Class 11 and 12 act as a â¦ English Shaalaa provides solutions for TS Grewal Class 12 and has all the answers for the questions given in Class 12 Accountancy - Double Entry Book Keeping Volume 2.Shaalaa is surely a site that most of your classmates are using to perform well in exams. TS Grewal Double Entry Book Keeping Class 12 Solutions 2018 Volume 1 & 2. State giving reason, whether the Current Ratio will improve or decline or will have no effect in each of the following transactions if Current Ratio is 2:1: (a) Cash paid to Trade Payables. All the questions has been solved by experts and explained in detail. There is good chances of coming these Accountancy Class 12 TS Grewal solutions on CBSE Final exam question papers. Compute amount of goods that should be purchased on credit. From the following, calculate Gross Profit Ratio:Gross Profit:₹50,000; Revenue from Operations ₹5,00,000; Sales Return: ₹50,000. Net Profit before Interest and Tax ₹4,00,000; 15% Long-term Debt ₹8,00,000; Shareholders' Funds ₹4,00,000. TS Grewal Double Entry Book Keeping Class 12 Solutions 2019-20 Volume 1 & 2 TS Grewal Accountancy Class 12 Solutions 2019 Volume 1 Chapter 1 Company Accounts Financial Statements of Not-for-Profit Organisations Calculate Operating Ratio. Following is the Balance Sheet of Crescent Chemical Works Limited as at 31st March, 2019: (b) Short-term Provisions: Provision for Tax. TS Grewal Solutions Class 12 Chapter 5 – RetirementDeath of a Partner Volume I is considered to be the most valuable study source for the students who are studying Class 12. Operating Expenses ₹1,20,000. Calculate Gross Profit Ratio from the following data:Cash Sales are 20% of Total Sales; Credit Sales are ₹5,00,000; Purchases are ₹4,00,000; Excess of Closing Inventory over Opening Inventory ₹25,000. Grewal ANALYSIS OF FINANCIAL STATEMENTS 1. Capital Employed ₹10,00,000; Fixed Assets ₹7,00,000; Current Liablities ₹1,00,000. Compute Gross Profit Ratio from the following information:Cost of Revenue from Operations (Cost of Goods Sold) ₹5,40,000; Revenue from Operations (Net Sales) ₹6,00,000. 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