Free step-by-step Accountancy solutions · Class 11 & 12 · CBSE & ISC📚 Books & Courses▶ YouTube📱 Get the app
TS GrewalDK GoelNotesMCQSample PapersSyllabusCareer

Solution of Q 16 Accounting Ratios TS Grewal 2023-24 [CBSE]

Question 16 of 182Chapter 3Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 16, Chapter 3 Accounting Ratios, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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

Question 16

State, giving reason, whether the Current Ratio will improve or decline or will have no effect in each of the following transactions if Current Ratio is 2 : 1:

  1. (a) Cash paid to Trade Payables.
  2. (b) Bills Payable discharged.
  3. (c) Bills Receivable endorsed to a creditor.
  4. (d) Payment of final Dividend already declared.
  5. (e) Purchase of Stock-in-Trade on credit.
  6. (f) Bills Receivable endorsed to a Creditor dishonoured.
  7. (g) Purchase of Stock-in-Trade for cash.
  8. (h) Sale of Fixed Assets (Book Value of ₹ 50,000) for ₹ 45,000.
  9. (i) Sale of Fixed Assets (Book Value of ₹ 50,000) for ₹ 60,000.
TS Grewal Class 12 Accounting Ratios Question 16

Solution

Solution of Q 16 Accounting Ratios TS Grewal 2023-24
🤔 Doubt in this solution? Ask Vijay Sir below ↓✓Check your preparation for this chapterAccounting Ratios · MCQs with answers · Class 12Take the MCQ test →

12th Accounts Revision Book

Stuck on this question? Ask Vijay Sir

Be the first to ask on this question.
LEAVE A REPLY

Ask your doubtFree. Vijay Sir replies here and you get an email when he does.

0 / 1500

🔒 No spam. Your email is never shown.

All questions of Chapter 3

123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100101102103104105106107108109110111112113114115116117118119120121122123124125126127128129130131132133134135136137138139140141142143144145146147148149150151152153154155156157158159160161162163164165166167168169170171172173174175176177178179180181182

Orange = this question · Grey = already opened.

About this solution

This is Chapter 3 Accounting Ratios of 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 CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.

Get free help