Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans From the following information, Calculate Opening and Closing Trade Payables: Cash Purchases 25% of Total Purchases; Revenue from Operations ₹ 3,00,000 5.93K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Closing Trade Payables ₹ 5,40,000, Net Purchases ₹ 43,20,000. Cash Purchases ₹ 10,80,000. Calculate Trade Payables Turnover Ratio. 4.52K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Calculate Trade Payables Turnover Ratio for the year 2022-23 in each of the alternative cases: Closing Trade Payables ₹ 45,000; Net Purchases ₹ 3,60,000 5.31K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Calculate Trade Payables Turnover Ratio from the following information: Opening Creditors ₹ 1,25,000; Opening Bills Payable ₹ 10,000 4.35K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Calculate Trade Payables Turnover Ratio and Average Debt Payment Period from the following information: 4.73K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Cash Revenue from Operations (Cash Sales) ₹ 2,00,000, Cost of Revenue from Operations or Cost of Goods Sold ₹ 3,50,000; Gross Profit ₹ 1,50,000; Trade Receivables Turnover Ratio 3 Times: Calculate Opening and Closing Trade Receivables in each of the following alternative cases: 4.12K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans From the following information, calculate Opening and Closing Trade Receivables if Trade Receivables Turnover Ratio is 3 Times: 5.13K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans ₹ 1,75,000 is the Credit Revenue from Operations, i.e., Net Credit Sales of an enterprise. If Trade Receivables Turnover Ratio is 8 times 3.84K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Calculate Trade Receivables Turnover Ratio in each of the following alternative cases: Net Credit Sales ₹ 4,00,000; Average Trade Receivables ₹ 1,00,000 4.88K viewsAnurag Pathak Posted new comment March 18, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Mercury Ltd. made Credit Sales of ₹ 4,00,000 during the financial period. If the collection period is 36 days and year is assumed to be 360 days, calculate: 4.68K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans A firm normally has trade Receivables equal to two months’ Credit Sales. During the coming year it expects Credit Sales of ₹ 7,20,000 spread evenly over the year (12 months). What is the estimated amount of Trade Receivbles at the end of the year? 4.43K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Closing Trade Receivables ₹ 4,00,000; Cash Sales being 25% of Credit Sales; Excess of Closing Trade Receivables over Opening Trade Receivables ₹ 2,00,000 3.66K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Closing Trade Receivables ₹ 1,20,000, Revenue from Operations ₹ 14,40,000. Provision for Doubtful Debts ₹ 20,000. Calculate Trade Receivables Turnover Ratio. 3.68K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Compute Trade Receivables Turnover Ratio from the following: 4.02K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Partnership Deed of C and D, who are equal partners, has a clause that any partner may retire from the firm on the following terms by giving a six month notice in writing: 7.13K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Closing Trade Receivables ₹ 1,00,000; Cash Sales being 25% of Credit Sales; Excess of Closing Trade Receivables over Opening Trade Receivables ₹ 40,000; Revenue from Operations, i.e., Net Sales ₹ 6,00,000. Calculate Trade Receivables Turnover Ratio. 5.07K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Closing Trade Receivables ₹ 90,000, Revenue from Operations ₹ 7,20,000, Cash Revenue from Operations ₹ 1,80,000. Provision for Doubtful Debts ₹ 8,000. Calculate Trade Receivables Turnover Ratio. 5.92K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Calculate Trade Receivables Turnover Ratio from the following information: 4.38K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Credit Revenue from Operation, i.e., Net Credit Sales for the year 12,00,000, Debtors ₹ 1,20,000, Bills Receivable ₹ 80,000. Calculate Trade Receivables Turnover Ratio. 4.47K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans ₹ 3,00,000 is the Cost of Revenue from Operations (Cost of Goods Sold). Inventory Turnover Ratio 8 times; Inventory, in the beginning, is 2 times more than the Inventory at the end. Calculate value of Opening and Closing Inventories. 3.94K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Inventory Turnover Ratio 5 times; Cost of Revenue from Operations (Cost of Goods Sold) ₹ 18,90,000. Calculate Opening Inventory and Closing Inventory if Inventory at the end is 2.5 times more than that in the beginning. 4.80K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans From the following information, determine Opening and Closing Inventories: Inventory Turnover Ratio 5 Times, Total Sales ₹ 2,00,000, Gross Profit Ratio 25%, Closing Inventory is more by ₹ 4,000 than the Opening Inventory. 5.11K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans From the following information, calculate value of opening Inventory: Closing Inventory ₹ 68,000 Total Sales ₹ 4,80,000 (including Cash Sales ₹ 1,20,000) 6.22K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans From the following information, Calculate Inventory Turnover Ratio: Credit Revenue from Operations ₹ 6,00,000; Cash Revenue from Operations ₹ 2,00,000 5.93K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Following figures have been extracted from Shivalika Mills Ltd: Inventory in the beginning of the year ₹ 60,000. 4.48K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital « Previous 1 2 … 139 140 141 142 143 … 173 174 Next » Question and answer is powered by anspress.net
