Q. 84 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 84 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Trade Payables Turnover Ratio from the following:-
| ₹ | |
| Total Purchases | 24,00,000 |
| Cash Purchases | 6,40,000 |
| Purchases Returns (out of Credit purchases) | 60,000 |
| Opening Balance of Creditors | 3,00,000 |
| Opening Balance of Bills Payables | 20,000 |
| Closing Balance of Creditors | 3,50,000 |
| Closing Balance of Bills Payables | 10,000 |
[Ans. Trade Payables turnover Ratio 5 times.]
Solution:-
