Are you looking for the solution of Question number 29 of the Accounting Ratios of TS Grewal Book 2021-22 Edition for the 2021-22 session?
Question number 29 of the Accounting Ratios chapter is a practical one.
Solution of Question Number 29 of Accounting Ratios Chapter of TS Grewal Book 2021-22 Class 12
Here is the solution to it.
|1.||Included in the trade payable will bill payable of ₹3000 which was met on maturity||No Change||there is an equal change in quick assets and current liabilities. Hence there is no change in the quick ratio.|
|2.||Debentures of ₹ 50,000 were converted into equity shares.||Increase|