Q. 30 Solution of Accounting Ratios Chapter TS Grewal Book Class 12 2021-22

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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.NEffectReason
1.DecreaseCash in hand has decreased, current liabilities remain the same. due to a decrease in the denominator overall ratio would decrease.
2.Decreasesame as above
3.IncreaseTrade receivable has increased, current liabilities remain the same. due to the overall increase in nominator overall ratio would increase.
4.Decreasecurrent liabilities and quick assets both will decrease with the same amount. as the ratio is less than 1. overall quick ratio will decrease.
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