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[ISC] Q. 63 Solution of Ratio Analysis TS Grewal ISC 2023-24 Edition

Question 63 of 128Chapter 4Class 12 · ISC✍ Vijay Adarsh

Step-by-step solution of Question 63, Chapter 4 Ratio Analysis, TS Grewal Class 12 Accountancy 2023-24 for the ISC Board.

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Question 63

Calculate Opening and Closing Trade Payables from the following information, when Trade Payables Turnover Ratio is 3 Times:

  1. (i) Cash Purchases 1/4th of Total Purchases.
  2. (ii) Revenue from Operations is ₹ 4,00,000.
  3. (iii) Gross Profit 25% of Revenue from Operations.
  4. (iv) Opening Inventory ₹ 5,00,000 and Closing Inventory ₹ 6,00,000.
  5. (v) Closing Trade Payables are 3 Times that of in the Opening.
TS Grewal Class 12 Ratio Analysis Question 63

Solution

Solution of Q 63 Ratio Analysis TS Grewal 2023-24 part 1
Solution of Q 63 Ratio Analysis TS Grewal 2023-24 part 2
Stuck on this chapter?Watch it explained in the Class 12 Accounts video courseEvery chapter, step by step, by Vijay Adarsh (23 years teaching).Watch free demo
Solution of Q 63 Ratio Analysis TS Grewal 2023-24 part 3
Solution of Q 63 Ratio Analysis TS Grewal 2023-24 part 4
Solution of Q 63 Ratio Analysis TS Grewal 2023-24 part 5
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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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