[DK Goel] Q. 81,82,83,84 Accounting Ratios Solutions Class 12 CBSE (2026-27)
the solutions of Question number 81, 82, 83, 84 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2026-27)
Q. 81. Credit Revenue from Operations (Credit Sales) of X Ltd. during the year ended 31st March, 2023 were ₹ 5,64,000. If trade receivables turnover ratio is 6 times, Calculate trade receivables in the beginning and at the end of the year. Trade Receivables at the end were ₹ 10,000 more than that at the beginning of the year.
[Ans. Opening Trade Receivables ₹ 89,000; Closing Trade Receivables ₹ 99,000.]
Solution:-
Q. 82. A Company made Credit Revenue from Operations of ₹ 8,76,000 during the year ended 31st March, 2023. If Trade Receivables Turnover Ratio is 18.25 times calculate:-
(I) Average Trade Receivables; and (II) Closing Trade Receivables, if closing Trade Receivables are three times in comparison to opening Trade Receivables.
[Ans. (I) Average Trade Receivables ₹ 48,000 (II) Closing Trade Receivables ₹ 72,000.]
Solution:-
Q. 83. Calculate the amount of Opening Trade Receivables and Closing Trade Receivables from the following particulars:
| ₹ | |
| Cost of Revenue from Operations (Cost of Goods Sold) | ₹ 9,00,000 |
| Gross Profit on Revenue from Operations (Sales) | 25% |
| Cash Revenue from Operations | 20% of Credit Revenue from Operations |
| Trade Receivables Turnover Ratio | 5 Times |
Closing Trade Receivables were 3 times than that in the beginning.
[Ans. Opening Trade Receivables ₹ 1,00,000; Closing Trade Receivables ₹ 3,00,000.
Solution:-
Q. 84. Calculate Closing Trade Receivables from the following information:
| ₹ | |
| Cost of Revenue from Operations | ₹ 16,00,000 |
| Gross Profit on Cost | 25% |
| Cash Revenue from Operations | 25% of Credit Revenue from Operations |
| Trade Receivables Turnover Ratio | 5 Times |
Closing Trade Receivables were 1.5 times than that in the beginning.
[Ans. Closing Trade Receivables ₹ 3,84,000.]
Hint: Ratio between Opening and Closing Trade Receivables 2 : 3.
Solution:-
