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ACCOUNTING RATIOS ( INTRODUCTION )T.S.GREWAL CH-3 (CURRENT RATIO ) QUE NO-1 Class- 12 Accounts
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ACCOUNTING RATIOS ( INTRODUCTION )T.S.GREWAL CH-3 (CURRENT RATIO ) QUE NO-1 Class- 12 Accounts
1. From the following, calculate Current Ratio:
₹
₹
Trade Receivables (Sundry Debtors)
7,20,000
80,000
Prepaid Expenses
1,60,000 Sundry Creditors
Cash and Cash Equivalents
2,00,000
16,00,000
Marketable Securities
2,00,000
Inventories
3,20,000
Land and Building
20,00,000
Debentures
Expenses Payable
3,20,000
[Hint: Marketable securities means the Short-term Investment.]
[Ans.: Current Ratio = 2: 1.]
Bills Payable
#msacademyaccounts
#tsgrewal2023
#accountancy
#accounts
#accountingratios
#currentratio
1. From the following, calculate Current Ratio:
₹
₹
Trade Receivables (Sundry Debtors)
7,20,000
80,000
Prepaid Expenses
1,60,000 Sundry Creditors
Cash and Cash Equivalents
2,00,000
16,00,000
Marketable Securities
2,00,000
Inventories
3,20,000
Land and Building
20,00,000
Debentures
Expenses Payable
3,20,000
[Hint: Marketable securities means the Short-term Investment.]
[Ans.: Current Ratio = 2: 1.]
Bills Payable
#msacademyaccounts
#tsgrewal2023
#accountancy
#accounts
#accountingratios
#currentratio
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