Q.79 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)

Share your love

the solutions of Question number 79 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)

A Company made Credit Revenue from Operations of ₹ 8,76,000 during the year ended 31st March, 2023. If Trade Receivables Turnover Ratio is 18.25 times calculate:-

commerceschool.in

(I) Average Trade Receivables; and (II) Closing Trade Receivables, if closing Trade Receivables are three times in comparison to opening Trade Receivables.

commerceschool.in

[Ans. (I) Average Trade Receivables ₹ 48,000 (II) Closing Trade Receivables ₹ 72,000.]

Solution:-

Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 7361

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending now

Assertion Reason MCQs of Accounting for Partnership Firm Fundamentals with answers Class 12
[ISC] TS Grewal Solutions Accounts class 12 (2022-23)
[CBSE] TS Grewal Solutions Class 12 [2023-24] Accounts
[CBSE] TS Grewal Solutions Class 12 (2022-23) Accounts
x