Q. 86 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 86 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Trade Payables Turnover Ratio from the following information:
| ₹ | |
| Opening Trade Payables | 1,30,000 |
| Payment to Trade Payables | 6,80,000 |
| Purchase Returns | 40,000 |
| Closing Trade payables (including ₹ 50,000 due to a supplier of machinery) | 2,20,000 |
[Ans. Trade Payables Turnover Ratio : 4.8 times.]
Solution:-
