[CBSE] Q. 21,22,23,24 Solution of Accounting Ratios TS Grewal Class 12 (2026-27)
Solution of Question 21, 22, 23, 24 Accounting Ratios of TS Grewal Book 2026-27 session CBSE Board?
Q. 21. Current Liabilities of a company are ₹ 1,50,000. Its Current Ratio is 3 : 1 and Acid Test Ratio (Liquid Ratio) is 1 : 1. Calculate values of Current Assets, Liquid Assets and Inventory.
[Ans.: Current Assets = ₹ 4,50,000; Liquid Assets = ₹ 1,50,000; Inventory = ₹ 3,00,000.]
Solution:-
Q. 22. Xolo Ltd.’s Liquidity Ratio is 2.5 : 1. Inventory is ₹ 6,00,000. Current Ratio is 4 : 1. Find out the Current Liabilities.
[Ans.: Current Liabilities = ₹ 4,00,000.]
Solution:-
Q. 23. Umesh Ltd. has Current Ratio of 4.5 : 1 and a Quick Ratio of 3 : 1. If its inventory is ₹ 36,000, find out its total Current Assets and total Current Liabilities.
[Ans.: Current Liabilities = ₹ 24,000; Current Assets = ₹ 1,08,000; Quick Assets = ₹ 72,000.]
Solution:-
Q. 24. Current Ratio 4; Liquid Ratio 2.5; Inventory ₹ 6,00,000. Calculate Current Liabilities, Current Assets and Liquid Assets.
[Ans.: Current Liabilities = ₹ 4,00,000; Current Assets = ₹ 16,00,000; Liquid Assets = ₹ 10,00,000.]
Solution:-
