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DK Goel Solutions Q 22 Chapter 3 Accounting Ratios Class 12 CBSE [2023-24]

Question 22 of 120Chapter 3Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 22, Chapter 3 Accounting Ratios, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 22

The ratio of Current Assets (₹ 32,00,000) to Current Liabilities (₹ 20,00,000) is 1.6 : 1. The accountant of the firm is interested in maintaining a Current Ratio of 2 : 1, by paying off a part of the Current Liabilities. Compute the amount of the Current Liabilities that should be paid, so that the Current Ratio at the level 2 : 1 may be maintained.

DK Goel Class 12 Accounting Ratios Question 22

Solution

Solution of Q 22 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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