Q. 15 Solution of Accounting Ratios Chapter TS Grewal Book Class 12 2021-22
Are you looking for the solution of Question number 15 of the Accounting Ratios of TS Grewal Book 2021-22 Edition for the 2021-22 session?
Question number 15 of the Accounting Ratios chapter is a practical one.
Solution of Question Number 15 of Accounting Ratios Chapter of TS Grewal Book 2021-22 Class 12
Here is the solution to it.
Solution
| Transaction | Effect | Reason |
| a) | Improve | Both, current assets and current liabilities will decrease by same amount |
| b) | Improve | Both, current assets and current liabilities will decrease by same amount |
| c) | Improve | Both, current assets and current liabilities will decrease by same amount |
| d) | Improve | Both, current assets and current liabilities will decrease by same amount |
| e) | Decline | Both, current assets and current liabilities will increase by same amount |
| f) | Decline | Both, current assets and current liabilities will increase by same amount |
| g) | No Effect | It is a conversion of a current assets into the another current assets. |
| h) | Improve | only cash (current assets) will increase |
| i) | Improve | only cash (current assets) will increase |
