Solution of Question number 143 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? (i) Revenue from Operations: Cash Sales ₹ 4,20,000; Credit Sales ₹ 6,00,000; Return ₹ 20,000. Cost of Revenue from Operations or Cost of Goods…
Solution of Question number 142 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? Calculate Gross Profit Ratio from the following data: Average Inventory ₹ 3,20,000; Inventory Turnover Ratio 8 Times; Average Trade Receivables ₹ 4,00,000; Trade Receivables…
Solution of Question number 141 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? A Trader Carries an Average Inventory of ₹ 1,00,000. His Inventory Turnover Ratio is 8 Times. He sells goods at a profit of 25%…
Solution of Question number 140 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? Opening Inventory ₹ 2,00,000; Closing Inventory ₹ 1,20,000. Inventory Turnover Ratio 8 Times; Selling price 25% above cost. Calculate Gross Profit Ratio. [Ans.: Gross…
Solution of Question number 139 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? From the following information, Calculate Gross Profit Ratio: Revenue from Operations: Cash 2,00,000 Credit 8,00,000 Purchases: Cash 40,000 Credit 3,60,000 Carriage Inwards 8,000 Salaries…
