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DK Goel Solutions Q 81 Chapter 3 Accounting Ratios Class 12 CBSE [2023-24]

Question 81 of 120Chapter 3Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 81, Chapter 3 Accounting Ratios, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 81

Calculate trade receivables turnover ratio from the following :

  1. Credit Revenue from Operations (Credit Sales) ₹ 3,80,000
  2. Revenue from Operations Returns (Sales Returns) ₹ 20,000
  3. Trade Receivables on 1-04-2022 ₹ 70,000
  4. Trade Receivables on 31-03-2023 ₹ 1,10,000 Less : Provision for Doubtful Debts ₹ 10,000 = ₹ 1,00,000

State giving reason, what will be the effect of the following on Trade Receivables Turnover Ratio :

  1. (i) Received ₹ 20,000 from a customer.
  2. (ii) Sale of goods on credit ₹ 30,000.
  3. (iii) Cash Revenue from Operations ₹ 40,000.
DK Goel Class 12 Accounting Ratios Question 81

Solution

Solution of Q 81 Accounting Ratios DK Goel 2023-24
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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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