Equity Share Capital ₹ 15,00,000; Gross Profit on Revenue from Operations, i.e., Net Sales `33 1/3`%;  Cost Revenue from Operatins or Cost of Goods Sold ₹ 20,00,000; Current Assets ₹ 10,00,000; Current Liabilities ₹ 2,50,000. Students can download the Double Entry Book Keeping TS Grewal Solutions Class 12 at free of cost. Its Current Ratio is 3 : 1 and Acid Test Ratio (Liquid Ratio) is 1 : 1. From the following information, calculate Total Assets to Debt Ratio: From the following information, calculate Proprietary Ratio: From the following infromation, calculate Proprietary Ratio: Calculate Proprietary Ratio from the following: (c) Short-term Provisions (Provision for Tax). Cash Sales ₹ 2,20,000; Credit Sales ₹ 3,00,000; Sales Return ₹ 20,000; Gross Profit ₹ 1,00,000; Operating Expenses ₹ 25,000; Non-operating incomes ₹ 30,000; Non-operating Expenses ₹ 5,000. From the following information, calculate Interest Coverage Ratio: Profit after Tax ₹1,70,000; Tax ₹30,000; Interest on Long-term Funds ₹50,000. Total Assets ₹ 2,60,000; Total Debts ₹ 1,80,000; Current Liabilities ₹ 20,000. Grewal ANALYSIS OF FINANCIAL STATEMENTS 1. Calculate Current Ratio after payment. We hope the TS Grewal Accountancy Class 12 Solutions Chapter 7 Company Accounts Financial Statements of Not-for-Profit Organisations help you. Calculate Net Profit Ratio. 9 Bharat and Bhushan are partners sharing profits in the ratio of 3: 2. Calculate Net Profit Ratio. Calculate Return on Investment (ROI) from the following details: Net Profit after Tax ₹ 6,50,000; Rate of Income Tax 50%; 10% Debentures of ₹ 100 each ₹ 10,00,000; Fixed Assets at cost ₹ 22,50,000; Accumulated Depreciation on Fixed Assets up to date ₹ 2,50,000; Current Assets ₹ 12,00,000; Current Liabilities ₹ 4,00,000. Calculate Net Profit Ratio. Find out the Current Liabilities. If you have any query regarding TS Grewal Accountancy Class 12 Solutions Chapter 7 Company Accounts Financial Statements of Not-for-Profit Organisations, drop a comment below and we will get back to you at the earliest. From the information given below, calculate any three of the following ratio: On the basis of the following information calculate: From the following, calculate (a) Debt to Equity Ratio; (b) Total Assets to Debt Ratio; and (c) Proprietary Ratio: From the following information related to Naveen Ltd., calculate (a) Return on Investment and (b) Total Assets to Debt Ratio:Information: Fixed Assets ₹ 75,00,000; Current Assets ₹ 40,00,000; Current Liabilities ₹ 27,00,000; 12% Debentures ₹ 80,00,000 and Net Profit before Interest, Tax and Dividend ₹ 14,50,000. (f) Goods costing ₹ 20,000 distributed as free samples. Inventory is ₹ 6,00,000. Balance Sheet had the following amounts as at 31st March, 2019: Calculate ratios indicating the Long-term and the Short-term financial position of the company. (i) Purchases of Stock-in-Trade ₹50,000. Compute Gross Profit Ratio from the following information:Cost of Revenue from Operations (Cost of Goods Sold) ₹5,40,000; Revenue from Operations (Net Sales) ₹6,00,000. Which of the following suggestions would increase, decrease or not change it: Assuming That the Debt to Equity Ratio is 2 : 1, state giving reasons, which of the following transactions would  (i) increase; (ii) Decrease; (iii) Not alter Debt to Equity Ratio: From the following Balance Sheet of ABC Ltd. as at 31st March, 2019, Calculate Debt to Equity Ratio: (c) Short-term Provisions: Provision for Tax. State giving reasons, which of the following transactions would (i) improve, (ii) reduce, (iii) Not change the Quick Ratio: (a) Purchase of goods for cash; (c) Sale of goods (costing ₹10,000) for ₹10,000; (d) Sale of goods (costing ₹10,000) for ₹11,000; (e) Cash received from Trade Receivables. TS Grewal Solutions for Class 12 Accountancy – Retirement/Death of a Partner (Volume I) Question 1. TS Grewal Solutions for Class 12 Accountancy – Admission of a Partner (Volume I) Question 1. Double Entry Book Keeping TS Grewal Solutions Class 12 and TS Grewal Solutions Class 11 are extremely helpful for exam preparation. I 2019 Solutions for Class 12 Accountancy Chapter 4 - Change in Profit-Sharing Ratio Among the Existing Partners; Double Entry Book Keeping- TS Grewal Vol. The Quick Ratio of a company is 0.8:1. TS Grewal Solutions for Class 12 Accountancy Chapter 10- Redemption of Debentures TS Grewal Solutions for Class 12 Accountancy Chapter 10- Redemption of Debentures is an elementary concept to be learned by the students. Total Assets ₹22,00,000; Fixed Assets ₹10,00,000; Capital Employed ₹20,00,000. Using TS Grewal Class 12 solutions Cash Flow Statement exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. From the following information, calculate Liquid Ratio: Quick Assets ₹ 1,50,000; Inventory (Stock) ₹ 40,000; Prepaid Expenses ₹ 10,000; Working Capital ₹ 1,20,000. Cost of Revenue from Operations (Cost of Goods Sold) ₹3,00,000. Calculate Gross Profit Ratio from the following data:Cash Sales are 20% of Total Sales; Credit Sales are ₹5,00,000; Purchases are ₹4,00,000; Excess of Closing Inventory over Opening Inventory ₹25,000. Calculate Return on Investment. Log in, TS Grewal Accountancy Class 12 Solutions 2019-20 Volume 1 & 2, TS Grewal Accountancy Class 11 Solutions 2019. (i) Sale of FIxed Assets (Book Value of ₹50,000) for ₹60,000. Calculate Trade payables Turnover Ratio from the following information:Opening Creditors ₹ 1,25,000; Opening Bills Payable ₹ 10,000; Closing Creditors ₹ 90,000; Closing bills Payable ₹ 5,000; Purchases ₹ 9,50,000; Cash Purchases ₹ 1,00,000; Purchases Return ₹ 45,000. TS Grewal textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students. X Ltd. has a Current Ratio of 3.5 : 1 and Quick Ratio of 2 : 1. Afterwards it purchased goods for ₹30,000 on credit. At BYJU'S, it is available for free download here. Current Ratio is 4 : 1. Inventories at the end is 1.5 times that of in the beginning. From the following compute Current Ratio: Calculate Current Ratio from the following information: Current Ratio is 2.5, Working Capital is ₹ 1,50,000. Following is the Balance Sheet of the Bharati Ltd. as at 31st March, 2019: Surplus, i.e., Balance in Statement of Profit and Loss: Add: Transfer from Statement of Profit and Loss. Current Liabilities of a company are  ₹  1,50,000. Calculate Current Ratio. Calculate Current Ratio. Access free NCERT Solutions for class commerce Accountancy on LearnCBSE.in without any login. CBSE TS Grewal Class 11 Solutions and TS Grewal Class 11 Solutions was created by experts teachers of the accountancy … Total Liquid Assts are ₹12,00,000 and Quick Ratio is 2:1. (g) Bills Receivable endorsed to a Creditor dishonoured. T. S. Grewal Solutions for Class 12-commerce Accountancy CBSE, 5 Cash Flow Statements. T. S. Grewal Solutions for Class 12-commerce Accountancy CBSE, 5 Admission of a Partner. I 2019 Solutions for Class 12 Accountancy Chapter 3 - Goodwill: Nature and Valuation; Double Entry Book Keeping- TS Grewal Vol. Our Class 12 Accountancy TS Grewal Chapter wise Textbook Solutions are easy to understand for preparation and revision. Calculate Trade Payables Turnover Ratio for the year 2018-19 in each of the alternative cases:Case 1 : Closing Trade Payables ₹ 45,000; Net Purchases ₹ 3,60,000; Purchases Return ₹ 60,000; Cash Purchases ₹ 90,000.Case 2 : Opening Trade Payables ₹ 15,000; Closing Trade Payables ₹ 45,000; Net Purchases ₹ 3,60,000. Working Capital  ₹  3,60,000; Total :Debts  ₹ 7,80,000; Long-term Debts ₹ 6,00,000; Inventories  ₹ 1,80,000. During the coming year it expects Credit Sales of ₹ 7,20,000 spread evenly over the year (12 months). If the collection period is 36 days and year is assumed to be 360 days, calculate:(i)   Trade Receivables Turnover Ratio;(ii)  Average Trade Receivables;(iii) Trade Receivables at the end when Trade Receivables at the end are more than that in the beginning by ₹ 6,000. Cost of Revenue from Operations or Cost of Goods Sold ₹8,00,000. TS Grewal Double Entry Book Keeping Class 12 Solutions 2019-20 Volume 1 & 2. TS Grewal Solutions Class 12 is considered to be the most important study source for the students who are studying Class 12. Find the new profit-sharing ratio. TS Grewal Accountancy Class 12 Solutions 2018 Volume 1. All Double Entry Book Keeping Ts Grewal Vol. Additional Information: Net Profit before Tax for the year 2018-19 is rs 9,72,000. Calculate Debt to Equity Ratio. All the Solutions in TS Grewal are clear to comprehend. (ii) Revenue from Operations, Cash Sales ₹4,00,000; Credit Sales ₹1,00,000; Gross Profit ₹1,00,000; Office and Selling Expenses ₹50,000. TS Grewal Accountancy Class 12 Solutions 2018 Volume 1. You will also love the ad-free experience on Meritnation’s Double Entry Book Keeping Ts Grewal Vol. Calculate Cost of Revenue from Operations (Cost of Goods Sold). Circulate Current Ratio. (v) Stock-in-Trade costing ₹15,000 distributed as free sample. Chapter 10 Company Accounts Redemption of Debentures That's not true, indeed, if you know how to appreciate the beauty of this app and how to use and get good results in this subject. Following figures have been extracted from Shivalika Mills Ltd. These solutions for Class 12 are outlined keeping in mind the latest CBSE syllabus, hence possessing a high chance of appearing in the board exams. TS Grewal Double Entry Book Keeping Class 12 Solutions 2019-20 Volume 1 & 2 TS Grewal Accountancy Class 12 Solutions 2019 Volume 1 Chapter 1 Company Accounts Financial Statements of Not-for-Profit Organisations Calculate individual partner’s gain or sacrifice due to the change in ration. Solution: Following is the Balance Sheet of Crescent Chemical Works Limited as at 31st March, 2019: (b) Short-term Provisions: Provision for Tax. This will clear students doubts about any question and improve application skills while preparing for board exams. Total Assets ₹12,50,000; Total Debts ₹10,00,000; Current Liabilities ₹5,00,000.Calculate Debt to Equity Ratio. TS Grewal Accountancy Class 12 Solutions Chapter 2 Goodwill: Nature and Valuation – Here are all the TS Grewal solutions for Class 12 Accountancy Chapter 2.This solution contains questions, answers, images, explanations of the complete Chapter 2 titled Goodwill: Nature and Valuation of Accountancy taught in Class 12. Calculate 'Return on Investment' of Y Ltd. From the following Balance Sheet of Global Ltd., you are required to calculate Return on Investment for the year 2018-19: BALANCE SHEET OF GLOBAL LTD.as at 31st March, 2019, (a) Share Capital–Equity Shares of ₹ 10 each Fully paid. (iii) Sales Return ₹20,000. Calculate Return on Investment. (c) Goods purchased for ₹ 80,000. Calculate Total Assets to Debt Ratio. Provision for Doubtful Debts ₹ 20,000. that can be asked in the final exam. Many of the Students find Account the hardest and the time taking subject at school. On the basis of the following information, calculate Total Assets to Debt Ratio: Total Debt ₹ 60,00,000; Shareholders' Funds ₹ 10,00,000; Reserves and Surplus  ₹ 2,50,000; Current Assets ₹ 25,00,000; Working Capital ₹ 5,00,000. (iii) Gross Profit is 25% of the Revenue from Operations. TS Grewal Accountancy Class 12 Solutions Chapter 4 Admission of a Partner. TS Grewal solutions class 12 2019 are considered an extremely helpful resource for exam preparation. 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