Q. 30 Solution of Accounting Ratios Chapter TS Grewal Book Class 12 2021-22
Are you looking for the solution of Question number 30 of the Accounting Ratios of TS Grewal Book 2021-22 Edition for the 2021-22 session?
Question number 30 of the Accounting Ratios chapter is a practical one.
Solution of Question Number 30 of Accounting Ratios Chapter of TS Grewal Book 2021-22 Class 12
Here is the solution to it.
S.N | Effect | Reason |
1. | Decrease | Cash in hand has decreased, current liabilities remain the same. due to a decrease in the denominator overall ratio would decrease. |
2. | Decrease | same as above |
3. | Increase | Trade receivable has increased, current liabilities remain the same. due to the overall increase in nominator overall ratio would increase. |
4. | Decrease | current liabilities and quick assets both will decrease with the same amount. as the ratio is less than 1. overall quick ratio will decrease. |