Q. 24 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 24 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Q. 24 (A) A firm had current assets of ₹ 4,10,000. It then paid trade payables of ₹ 50,000. After this payment, the current ratio was 2.4 : 1. Ascertain the amount of Current Liabilities and Working Capital after the payment.
[Ans. Current Liabilities ₹ 1,50,000; Working Capital ₹ 2,10,000.]
Solution:-
Q. 24 (B). A firm had current assets of ₹ 7,20,000. It then purchased goods for ₹ 30,000 on credit. After this purchase, the current ratio was 3 : 1. Ascertain the amount of Current Liabilities and Working Capital after the purchase.
[Ans. Current Liabilities ₹ 2,50,000; Working Capital ₹ 5,00,000.]
Solution:-
