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[CBSE] Q. 40 Solution of Accounting Ratios TS Grewal Class 12 (2023-24)

Anurag Pathak
September 3, 2023
Uncategorized

Solution of Question number 40 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board?

From the following information, Calculate Debt to Equity Ratio:

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10,000 Equity Shares of ₹ 10 each fully paid	2,00,000
5,000; 9% Preference Shares of ₹ 10 each fully paid	1,00,000
General Reserve	90,000
Surplus, i.e., Balance in Statement of Profit & Loss	40,000
10% Debentures	1,50,000
Current Liabilities	1,00,000

[Ans.: Debt to Equity Ratio = 0.35 : 1.]

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Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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