Solution of Q. 106 of Accounting Ratios TS Grewal Class 12 CBSE Board (2025-26) From the information given below, calculate Trade Receivables Turnover Ratio. Credit Revenue from Operations, i.e., Credit sales ₹ 8,00,000; Opening Trade Receivables ₹ 1,20,000 AND Closing…
Solution of Q. 105 of Accounting Ratios TS Grewal Class 12 CBSE Board (2025-26) 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. Case 2…
Solution of Q. 104 of Accounting Ratios TS Grewal Class 12 CBSE Board (2025-26) 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 be 360…
Solution of Q. 103 of Accounting Ratios TS Grewal Class 12 CBSE Board (2025-26) 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 evenly over…
Solution of Q. 102 of Accounting Ratios TS Grewal Class 12 CBSE Board (2025-26) 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 from Operations,…
