[CBSE] Q. 110,111,112,113 Solution of Accounting Ratios TS Grewal Class 12 (2026-27)
Solution of Question 110, 111, 112, 113 Accounting Ratios of TS Grewal Book 2026-27 session CBSE Board
Q. 110. Opening Creditors ₹ 1,25,000; Opening Bills Payable ₹ 10,000; Closing Creditors ₹ 90,000;
Closing Bills Payable ₹ 5,000; Purchases ₹ 9,50,000; Cash Purchases ₹ 1,00,000; Purchases Return ₹ 45,000.
[Ans.: Trade Payables Turnover Ratio = 7 Times.]
Solution:-
Q. 111. Calculate Trade Payables Turnover Ratio and Average Debt Payment Period from the following information:
| 1st April, 2022 (₹) | 31st March, 2023 (₹) | |
| Sundry Creditors | 1,50,000 | 4,50,000 |
| Bills Payable | 50,000 | 1,50,000 |
Total Purchases ₹ 21,00,000; Purchases Return ₹ 1,00,000; Cash Purchases ₹ 4,00,000.
[Ans.: Trade Payables Turnover Ratio = 4 Times; Average Debt Payment Period = 3 Months.]
Solution:-
Q. 112. Closing Trade Payables ₹ 5,40,000, Net Purchases ₹ 43,20,000. Cash Purchases ₹ 10,80,000.
Calculate Trade Payables Turnover Ratio.
[Ans.: Trade Payables Turnover Ratio = 6 Times.]
Solution:-
Q. 113. Calculate Trade Payables Turnover Ratio for the year 2022-23 in each of the alternative cases:
Case 1: Closing Trade Payables ₹ 45,000; Net Purchases ₹ 3,60,000; Purchases Return ₹ 60,000; Cash Purchases ₹ 90,000.
Case 2: Opening Trade Payables ₹ 15,000; Closing Trade Payables ₹ 45,000; Net Purchases ₹ 3,60,000.
Case 3: Closing Trade Payables ₹ 45,000; Net Purchases ₹ 3,60,000.
Case 4: Closing Trade Payables (including ₹ 25,000 due to a supplier of machinery) ₹ 55,000; Net Credit Purchases ₹ 3,60,000.
[Ans.: Trade Payables Turnover Ratio = (i) 6 Times; (2) 12 Times; (3) 8 Times; (4) 12 Times.]
Solution:-
