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Solution of Q 119 Accounting Ratios TS Grewal 2022-23 [CBSE]

Question 119 of 156Chapter 4Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 119, Chapter 4 Accounting Ratios, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.

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Question 119

Gross Profit Ratio of a company is 25%. State, giving reason, which of the following transactions will (a) increase or (b) decrease or (c) not alter the Gross Profit Ratio:

  1. (i) Purchases of Stock-in-Trade ₹ 50,000.
  2. (ii) Purchases Return ₹ 15,000.
  3. (iii) Cash Sale of Stock-in-Trade ₹ 40,000.
  4. (iv) Stock-in-Trade costing ₹ 20,000 withdrawn for personal use.
  5. (v) Stock-in-Trade costing ₹ 15,000 distributed as free sample.
TS Grewal Class 12 Accounting Ratios Question 119

Solution

Solution of Q 119 Accounting Ratios TS Grewal 2022-23
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About this solution

This is Chapter 4 Accounting Ratios of TS Grewal Edition 2022-23.

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 Accountancy Board Exam.

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