[DK Goel] Q. 133,134,135,136 Accounting Ratios Solutions Class 12 CBSE (2026-27)
the solutions of Question number 133, 134, 135, 136 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2026-27)
Q. 133. Current Assets of a Company are ₹ 3,60,000 and its Current ratio is 1.8. Afterwards, it made payment to a creditor amounting to ₹ 40,000. Calculate the revised current ratio.
[Ans. 2 : 1.]
Solution:-
Q. 134. The Current Ratio of a Company is 0.8 : 1. State giving reasons which of the following transactions would (i) Improve; (ii) Reduce; (iii) Not Change; the Current Ratio:
(a) Payment of Outstanding Liabilities
(b) Purchase of goods on Credit.
(c) Sale of furniture costing ₹ 10,000 at a loss of ₹ 2,000.
(d) Sale of goods costing ₹ 15,000 at a profit of ₹ 1,000.
(e) Payment of dividend payable.
[Ans. (a) Reduce; (b) Improve; (c) Improve; (d) Improve; (e) Reduce.]
Solution:-
Q. 135. The Quick ratio of a company is 0.8 : 1. State with reason whether the following transactions will increase, decrease or not change the quick ratio:
(1) Purchase of loose tools ₹ 2,000.
(2) Insurance premium paid in advance ₹ 500.
(3) Sale of goods on credit ₹ 3,000.
(4) Honoured a bills payable of ₹ 5,000 on maturity.
[Ans. (i) Decrease (ii) Decrease (iii) Increase (iv) Decrease]
Solution:-
Q. 136. Quick ratio of a company is 1 : 1. State, with reason, whether the following transactions will increase, decrease or not change the ratio:
(i) Paid insurance premium in advance ₹ 10,000.
(ii) Purchased goods on credit ₹ 8,000.
(iii) Issued fully paid equity shares of ₹ 1,00,000.
(iv) Issued 9% debentures of ₹ 5,00,000 to the vendor of machinery purchased.
[Ans. (i) Decrease (ii) Decrease (iii) Increase (iv) No Change]
Solution:-
