Question

Accounting 2 ts grewal solution volume 3

Answer 1

TS Grewal Part B (2017) Solution for Class 12 Commerce Accountancy Chapter 4 - Accounting Ratios Page/Excercise 4.90

Solution Ex. 1

 

Current Assets = Trade Receivables + Pre-paid Expenses + Cash and Cash Equivalents + Marketable Securities + Inventories

= Rs.1,80,000 + Rs.40,000 + Rs.50,000 + Rs.50,000 +Rs.80,000

 =Rs.4,00,000

Current Liabilities = Bills Payable + Sundry Creditors + Expenses Payable  

 = Rs.20,000 + Rs.1,00,000 + Rs.80,000 = Rs.2,00,000


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