Questions Ask question Search Order By: ActiveCategoryClear Filter 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 2.05K 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 2.64K 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: 2.61K 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? 2.55K 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 2.03K 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. 2.00K 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: 2.14K 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: 3.85K 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. 3.02K 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. 3.47K 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: 2.43K 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. 2.54K 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. 2.33K 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. 2.77K 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. 2.97K 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) 3.44K 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 3.53K 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. 2.54K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans From the following information obtained from the books of Kundan Ltd., Calculate the Inventory Turnover Ratio for the years 2015-16 and 2016-17: 3.02K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans ₹ 2,00,000 is the Cost of Revenue from Operations (Cost of Goods Sold), during the year. If Inventory Turnover Ratio is 8 times 2.51K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans From the following data, Calculate Inventory Turnover Ratio: Total Sales ₹ 10,00,000; Sales Return ₹ 1,00,000 3.04K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Revenue from Operations ₹ 4,00,000; Gross Profit ₹ 1,00,000; Closing Inventory ₹ 1,20,000; Excess of Closing Inventory over Opening Inventory ₹ 40,000. Calculate Inventory Turnover Ratio. 2.46K 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: Revenue from Operations 16,00,000 2.24K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Calculate Inventory Turnover Ratio from the following: Opening Inventory 58,000 Closing Inventory 62,000 3.19K 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: Opening Inventory ₹ 2,00,000 3.50K viewsAnurag Pathak Changed status to publish August 14, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital « Previous 1 2 … 127 128 129 130 131 … 161 162 Next » Question and answer is powered by anspress.net
