[CBSE] Q. 13,14,15,16 Solution of Accounting Ratios TS Grewal Class 12 (2026-27)

Solution of Question 13,14,15,16 Accounting Ratios of TS Grewal Book 2026-27 session CBSE Board?

Q. 13. Ratio of Current Assets (₹ 8,75,000) to Current Liabilities (₹ 3,50,000) is 2.5 : 1. The firm wants to maintain Current Ratio of 2 : 1 by purchasing goods on credit. Compute amount of goods that should be purchased on credit.

[Ans.: Purchase goods of ₹ 1,75,000.]

Solution:-

Q. 14. A firm had Current Assets of ₹ 5,00,000. It paid Current Liabilities of ₹ 1,00,000 and the Current Ratio became 2 : 1. Determine Current Liabilities and Working Capital before and after the payment was made.

[Ans.: Current Liabilities before payment ₹ 3,00,000; after payment ₹ 2,00,000; Working Capital before payment ₹ 2,00,000; after payment ₹ 2,00,000.]

Solution:-

Q. 15. A firm had current Liabilities of ₹ 5,40,000. It purchasad stock of ₹ 60,000 on credit. After the purchase of stock, Current Ratio was 2 : 1. Calculate Current Assets and Working Capital after and before the stock was purchased.

[Ans.: Current Assets after purchase ₹ 12,00,000; working Capital after purchase ₹ 6,00,000; Current Assets before purchase ₹ 11,40,000; Working Capital before purchase ₹ 6,00,000.]

Solution:-

Q. 16. State, giving reason, whether the Current Ratio will improve or decline or will have no effect in each of the following transactions if Current Ratio is 2 : 1.

(a) Cash paid to Trade Payables.

(b) Bills Payable discharged.

(d) Payment of final Dividend already declared.

(e) Purchase of Stock-in-Trade on credit.

(f) Bills Receivable endorsed to a Creditor dishonoured.

(g) Purchase of Stock-in-Trade for cash.

(h) Sale of Fixed Assets (Book Value of ₹ 50,000) for ₹ 45,000.

(i) Sale of Fixed Assets (Book Value of ₹ 50,000) for ₹ 60,000.

[Ans.: (a) Improve; (b) Improve; (c) Improve; (d) Improve; (e) Decline; (f) Decline; (g) No effect; (h) Improve; (i) Improve.]

Solution:-