[ISC] Q. 9 Solution of Ratio Analysis TS Grewal ISC 2023-24 Edition
Step-by-step solution of Question 9, Chapter 4 Ratio Analysis, TS Grewal Class 12 Accountancy 2023-24 for the ISC Board.
Question 9
Quick Ratio of a company is 2 : 1. State giving reasons which of the following transactions would (i) Improve, (ii) Reduce, (iii) Not change the Quick Ratio:
(a) Purchase of goods for cash; (b) Purchase of goods on credit; (c) Sale of goods (costing ₹ 10,000) for ₹ 10,000; (d) Sale of goods (costing ₹ 10,000) for ₹ 11,000; (e) Cash received from Trade Receivables.

Solution
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About this solution
This is Chapter 4 Ratio Analysis of ISC TS Grewal Edition 2023-24.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
Also, we have followed the proper format and workings which are required as per Guidelines Issued by the ISC Council. Just follow our presentation of solutions and score good marks in Accountancy Exam.


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