Solution of Question number 106 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? Calculate Trade Receivables Turnover Ratio in each of the following alternative cases: Case 1: Net Credit Sales ₹ 4,00,000; Average Trade Receivables ₹ 1,00,000.…
Solution of Question number 105 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? Mercury Ltd. made Credit Sales of ₹ 4,00,000 during the financial period. If the collection period is 36 days and year is assumed to…
Solution of Question number 104 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? A firm normally has trade Receivables equal to two months’ Credit Sales. During the coming year it expects Credit Sales of ₹ 7,20,000 spread…
Solution of Question number 103 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? Closing Trade Receivables ₹ 4,00,000; Cash Sales being 25% of Credit Sales; Excess of Closing Trade Receivables over Opening Trade Receivables ₹ 2,00,000; Revenue…
Solution of Question number 102 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? Closing Trade Receivables ₹ 1,20,000, Revenue from Operations ₹ 14,40,000. Provision for Doubtful Debts ₹ 20,000. Calculate Trade Receivables Turnover Ratio. [Ans.: Trade Receivables…
