Category [CBSE] TS Grewal Solutions [CBSE] TS Grewal Solutions 803 Questions 10 Sub Categories[CBSE] Admission of Partner(141)[CBSE] Death of Partner(41)[CBSE] Dissolution of Partner(55)[CBSE] Fundamentals of Partnership Firm(234)[CBSE] Issue of Debenture(58) Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans A company earns Gross Profit of 25% on Cost. For the year ended 31st March, 2017 its Gross Profit was ₹ 5,00,000; Equity Share Capital of the company was ₹ 10,00,000 2.65K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Calculate Working Capital Turnover Ratio from the following information Revenue from Operations 15,00,000 Current Assets 6,25,000 3.32K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Capital Employed ₹ 12,00,000; Net Fixed Assets ₹ 8,00,000; Cost of Goods sold or Cost of Revenue from Operations ₹ 40,00,000; Gross Profit is 20% on Cost. Calculate Working Capital Turnover Ratio. 2.23K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans 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. 2.64K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans 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. 2.92K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Revenue from Operations: Cash Sales ₹ 5,00,000; Credit Sales ₹ 6,00,000; Sales Return ₹ 1,00,000; Current Assets ₹ 3,00,000 1.86K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans From the following information, Calculate Working Capital Turnover Ratio: Cost of Revenue from Operations (Cost of Goods Sold) 5,00,000 1.79K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Calculate Working Capital Turnover Ratio from the following information: Revenue from Operations 24,00,000 Current Assets 10,00,000 1.82K viewsAnurag Pathak Changed status to publish August 15, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 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 3.77K 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. 2.80K 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 3.10K 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 2.62K 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: 2.77K 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: 2.52K 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: 3.10K 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 2.29K 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 2.91K 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: 2.86K 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? 2.80K 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 2.21K 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. 2.23K 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: 2.38K 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: 4.12K 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. 3.27K 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. 3.86K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital « Previous 1 2 … 16 17 18 19 20 … 40 41 Next » Question and answer is powered by anspress.net
