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

Solution of Q 91 Accounting Ratios TS Grewal 2022-23 [CBSE]

Question 91 of 156Chapter 4Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 91, Chapter 4 Accounting Ratios, TS Grewal Class 12 Accountancy 2022-23 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 91

Calculate Trade Receivables Turnover Ratio in each of the following alternative cases:

Case 1: Net Credit Sales ₹ 4,00,000; Average Trade Receivables ₹ 1,00,000.

Case 2: Revenue from Operations (Net Sales) ₹ 30,00,000; Cash Revenue from Operations, i.e., Cash Sales ₹ 6,00,000; Opening Trade Receivables ₹ 2,00,000; Closing Trade Receivables ₹ 6,00,000.

Case 3: Cost of Revenue from Operations or Cost of Goods Sold ₹ 3,00,000; Gross Profit on Cost 25%; Cash Sales 20% of Total Sales; Opening Trade Receivables ₹ 50,000; Closing Trade Receivables ₹ 1,00,000.

Case 4: Cost of Revenue from Operations or Cost of Goods Sold ₹ 4,50,000; Gross Profit on Sales 20%; Cash Sales 25% of Net Credit Sales, Opening Trade Receivables ₹ 90,000; Closing Trade Receivables ₹ 60,000.

TS Grewal Class 12 Accounting Ratios Question 91

Solution

Solution of Q 91 Accounting Ratios TS Grewal 2022-23 part 1
Solution of Q 91 Accounting Ratios TS Grewal 2022-23 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 91 Accounting Ratios TS Grewal 2022-23 part 3
🤔 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 4

123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100101102103104105106107108109110111112113114115116117118119120121122123124125126127128129130131132133134135136137138139140141142143144145146147148149150151152153154155156

Orange = this question · Grey = already opened.

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.

Get free help