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DK Goel Solutions Q 41 Chapter 3 Accounting Ratios Class 12 CBSE [2023-24]

Question 41 of 120Chapter 3Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 41, Chapter 3 Accounting Ratios, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 41

The proprietary ratio of M Ltd. is 0.80 : 1.

State with reasons whether the following transactions will increase, decrease or not change the proprietary ratio :

  1. (i) Obtained a loan from bank ₹ 2,00,000 payable after five years.
  2. (ii) Purchased machinery for cash ₹ 75,000.
  3. (iii) Redeemed 5% redeemable preference shares ₹ 1,00,000.
  4. (iv) Issued equity shares to the vendors of machinery purchased for ₹ 4,00,000.
DK Goel Class 12 Accounting Ratios Question 41

Solution

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About this solution

This is Chapter 3 Accounting Ratios of DK Goel For 2024 Examinations.

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 CBSE Guidelines. Just follow our presentation of solutions and score good marks in the Accountancy Board Exam.

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