[CBSE] Q. 13 Solution of Accounting Ratios TS Grewal Class 12 (2023-24)

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Solution of Question number 13 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board?

Ratio of Current Assets (₹ 8,75,000) to Current Liabilities (₹ 3,50,000) is 2.5 : 1. The firm wants to maintain Current Ratio of 2 : 1 by purchasing goods on credit. Compute amount of goods that should be purchased on credit.

[Ans.: Purchase goods of ₹ 1,75,000.]

Solution:-

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Anurag Pathak

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