Q. 29 Solution of Accounting Ratios Chapter TS Grewal Book Class 12 2021-22
Are you looking for the solution of Question number 29 of the Accounting Ratios of TS Grewal Book 2021-22 Edition for the 2021-22 session?
Question number 29 of the Accounting Ratios chapter is a practical one.
Solution of Question Number 29 of Accounting Ratios Chapter of TS Grewal Book 2021-22 Class 12
Here is the solution to it.
| S.N | Statement | Answer | Reason |
| 1. | Included in the trade payable will bill payable of ₹3000 which was met on maturity | No Change | there is an equal change in quick assets and current liabilities. Hence there is no change in the quick ratio. |
| 2. | Debentures of ₹ 50,000 were converted into equity shares. | Increase |
