Category Accountancy Class 12th
Accountancy Class 12th
922 Questions
41 Sub Categories
- [CBSE] TS Grewal Solutions(805)
- [ISC} TS Grewal Solutions(233)
- [NCERT] Accountancy Class 12(41)
- Accounting For Share Capital(283)
- Accounting Ratios(31)
- Cash Flow Statement(104)
- Change in Profit Sharing Ratio(76)
- Death of Partner(0)
- Dissolution of Partnership Firm(0)
- Goodwill(93)
- Redemption of Debentures(57)
- Retirement of Partner(73)
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Gross Profit at 25% on cost; Gross Profit ₹ 5,00,000; Equity Share Capital ₹ 10,00,000; Reserves and Surplus ₹ 2,00,000; Long-term Loan ₹ 3,00,000; Fixed Assets (Net) ₹ 10,00,000; Calculate working Capital Turnover Ratio.
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Equity Share Capital ₹ 15,00,000; Gross Profit on Revenue from Operations, i.e., Net Sales 33 and 1/3rd percentage; Cost of Revenue from operations or Cost of Goods sold ₹ 20,00,000; Current Assets ₹ 10,00,000; Current Liabilities ₹ 2,50,000. Calculate Working Capital Turnover Ratio.
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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:
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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?
3.34K viewsAnurag Pathak Changed status to publish [CBSE] TS Grewal SolutionsAccounting For Share Capital
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Compute Trade Receivables Turnover Ratio from the following:
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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.
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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.
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Calculate Trade Receivables Turnover Ratio from the following information:
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₹ 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.
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