class 12 accounting ratios questions
Revenue from Operations ₹8,00,000; Gross Profit Ratio 25%; Opening Inventory ₹1,00,000; Closing Inventory ₹60,000. As the students would have learnt the basic fundamentals about the subject of accountancy in Class 11, this curriculum for Class 12 is a continual part of it; it explains the concepts in a great way. 18: Complete the Balance Sheet of Raj Ltd. From the following information : (2) Non-current Liabilities – Long-term borrowings, 4. 2 times c. 6 times d. 8 times. (A) Bills Receivable Solved Cbse Class 12 Accountancy Full Project(Comprehensive Project, Ratio Analysis and Cash Flow Statements with Conclusion) 2,065,308 views. 40,000 and the closing stock is Rs. (C) ₹4,50,000 (C) 8 Times 40,000; Opening Debtors Rs. (D) Current Assets + Inventory – Prepaid Exp. Activity Ratio. (C) Payment to Trade Payables (C) Goodwill (C) Bank Balance Two basic measures of liquidity are : Answer . Cost of Revenue from Operations = (C) 1.8 : 1 10,000 less than opening creditors. December 20, 2019 by CoolGyan Leave a Comment. Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 12 Comparative Statements. (A) Non-Current Liabilities 4 times b. Solved Accounting Ratios with Balance Sheet(vertical) and Statement of Profit and Loss - Cbse Class 12 Accountancy Project An accounting ratio is a mathematical relationship between two interrelated financial variables. (A) ₹4,50,000 Operating ratio is : (B) .32 : 1 Its working capital will be : 2: Current Assets of a company are Rs. Which of the following is not operating expenses? Capital contributed by them is Rs. ... Accounting Ratios (D) All of the above. 11,00,000. The ………….. ratios provide the information critical to the long run operation of the firm. 2,00,000. (D) 12.5%, 104. (A) Issue of new shares for cash Proprietary Ratio indicates the relationship between Proprietor’s Funds and The Current Ratio after the payment will be : (B) Average Age of Inventory Answer: D. 2. (B) 10.78 Times (A) Average Inventory/Revenue from Operations (C) 7.5 Times 108. What will be Inventory Turnover Ratio? (A) 5 Times (B) ₹1,60,000 Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 14 Accounting Ratios. 92. (C) ₹80,000 Answer. With effect from 1st April, 2016, they agree to share profits in the ratio of 4:3. 10,000 and the ‘Revenue from Operations’ are Rs. (A) 74% Its Current Ratio will be: Explanation : – Working capital turnover ratio = 1850000/370000. (A) 5 : 1 An accounting ratio is a mathematical relationship between two interrelated financial variables. (A) Sale of goods for cash (C) 2.5 : 1 (D) ₹75,000, 91. English Shaalaa provides solutions for TS Grewal Class 12 and has all the answers for the questions given in Class 12 Accountancy - Analysis Of Financial Statements.Shaalaa is surely a site that most of your classmates are using to perform well in exams. CBSE issues sample papers every year for students for class 12 board exams. In debt equity ratio, debt refers to : (D) 1.2 : 1, 48. (C) Cost of revenue from operations + Operating Expenses/Net Revenue from Operations It helps investors in relation to stock valuation. ... Current Liabilities: These are the liabilities that are repayable within 12 months from the date of Balance Sheet or within the period of operating cycle. (C) 85% (A) Decrease (A) Current Assets (D) Liquid Assets/Current Liabilities, 4. Liquid Ratio will be (C) Bad Debts (A) increase liquid ratio Working Capital = Current Assets â Current Liabilities, Liquid Assets = Current Assets â Inventory. Important Questions. (D) ₹7,20,000, 86. Cash Revenue from Operations ₹4,00,000 Credit Revenue, from Operations ₹21,00,000; Revenue from Operations Return ₹1,00,000; Cost of revenue from operations ₹19,20,000. (A) 3.6 : 1 Opening Inventory ₹75,000; Closing Inventory ₹1,05,000; Inventory Turnover Ratio 6; Gross Profit 20% on cost; what will be Gross Profit? Reliability of Ratios: Since, ratios are calculated based on the financial information, if the information available is not correct ratios calculated using such information will also be incorrect. The opening stock is Rs. Working capital turnover ratio – Classification of Ratios – Question 12. Accounting Ratios Book Chosen. 2. (A) 4% (A) 10 Times (C) 3.25 : 1 (A) 1 : 1 Free PDF Download - Best collection of CBSE topper Notes, Important Questions, Sample papers and NCERT Solutions for CBSE Class 12 Accounts Accounting ratios. (C) 8 Times (B) Prepaid Expenses Debt Equity Ratio is : (D) Loss by Fire. (C) 1 : 2 Liquidity Ratio. (B) 65% Cash Flow Statement. Calculate Current liabilities, Liquid Assets and Inventory. Current Assets do not include : (A) Office Expenses A Company’s liquid assets are ₹10,00,000 and its current liabilities are ₹8,00,000. Inventory in the beginning is 1.5 times more than the inventory at the end. (D) 2.4 : 1, 36. 10: Calculate Debtors Turnover Ratio if Closing Debtors are Rs. (D) Debentures. (B) Fixed Assets/Current Assets (B) Solvency Ratios (C) 1.25 : 1 (B) decrease liquid ratio (A) Sales efficiency (D) 93%, 112. Accounting Ratios Book Chosen. (C) Total Liabilities Students who are in class 12th or preparing for any exam which is based on Class 12 Accountancy can refer NCERT Accountancy-II Book for their preparation. (D) All of the Above, 14. (B) 52 : 1 If its working capital is ₹60,000, its current liabilities will be : (A) 2 : 1 ... Accounting for Share Capital. NCERT Solutions for Class 12-commerce Accountancy CBSE, accountancy-company-accounts-and-analysis-of-financial-statements. If Debt equity ratio exceeds , it indicates risky financial position. (B) Current Liabilities (A) ₹1,15,000 (D) Contingent Liabilities, 15. Meaning of Cash Flow Statement. (A) ₹1,60,000 (B) Long Term Debts (D) ₹1,80,000. 60,000 (at cost). A Company’s Current Ratio is 3 : 1; Current Liabilities are ₹2,50,000; Inventory is ₹60,000 and Prepaid Expenses are ₹5,000. 69. (D) 9 Times, 84. RBSE Class 12 Accountancy Chapter 10 Very Short Answer Questions. What will be the amount of Gross Profit, if revenue from operations are ₹6,00,000 and Gross Profit Ratio 20% of revenue from operations? Inventory = Current Assets â Liquid Assets. (A) 1 : 1 1.Liquidity Ratios Liquidity ratios measure the firm’s ability to fulfil its short-term financial obligations. (B) 2.25 : 1 10,00,000 + Rs. Accounting Ratios: It is also referred to as financial ratios are applied to compute the performance and profitability of a firm grounded on its financial statements. Z is to be allowed a salary of ₹ 2,000 per month. (C) ₹60,000 (D) 1.5 : 1, 25. A Company’s Current Ratio is 2.8 : 1; Current Liabilities are ₹2,00,000; Inventory is ₹1,50,000 and Prepaid Expenses are ₹10,000. (B) 2.3 : 1 Digital NCERT Books Class 12 Accountancy pdf are always handy to use when you do not have access to physical copy. (B) 2.4 Months (D) None of these, 23. (B) 75% Its current liabilities are ?80,000. (D) 8 Times, 79. Debt-equity ratio will be : (C) Current ratio, inventory (C) Activity Ratio Cost of revenue from operations is ?6,00,000. 20,000. (A) 75% Free PDF download of Class 12 Accountancy Chapter 13 - Accounting Ratios Quick Revision Notes & Short Key-notes prepared by our expert Accountancy teachers from … Question 3. (C) ₹82,000 Questions can be asked from basics of accounting (which you have read in class – XI), basic terms, concept and conventions important journal entries, depreciation, errors and rectification, ratio analysis, cash flow analysis and the file that students prepare. The formula for calculating Trade Payables Turnover Ratio is : 93. Credit Purchases ₹12,00,000; Opening Creditors ₹2,00,000; Closing Creditors ₹1,00,000. Inventory Turnover Ratio will be : (A) Cash in hand From the following information calculate the working capital turnover ratio: Revenue from the operation for the year were RS. (C) 1.8 : 1 (C) 80% NCERT Books. Working Capital ₹3,20,000; Current Liabilities ₹1,40,000; Fixed Assets ₹2,60,000; Debentures ₹2,10,000; Long Term Bank Debt ₹78,000. These are the final accounts prepared at the end of the accounting period and include balance sheet and statement of profit and … All questions and answers from the NCERT Book of Class 12 Commerce Accountancy Chapter 5 are provided here for you for free. Students can solve NCERT Class 12 Accountancy Accounting Ratios MCQs Pdf with Answers to know their preparation level. Its Current Ratio will be : (C) have no effect on Current ratio These solutions for Class 12 are outlined keeping in mind the latest CBSE syllabus, hence possessing a big chance of appearing in the board exams. Ans. Debentures = 13,00,000 +1,00,000 +2,00,000 = 16,00,000. (D) decrease gross profit ratio, 32. Accounting ratios are widely used for such comparisons. Class 12 students will also have 20 marks assigned for project work in Accountancy. (B) 23.2% (A) ₹40,000 (B) 1 : 2 (A) 7.5 times (C) 1.3 : 1 Current ratio will be (D) 2 : 1, 6. A firm’s current ratio is 3.5 : 2. (B) 20% Stay tuned to BYJU'S to learn more. The formula for calculating the Debt Equity Ratio is : 60. (A) Solvency Ratio (B) 1.5 : 1 Liquid Ratio will be : (C) .72 : 1 (D) 21%, 101. Ratio analysis is a process of determining and presenting the quantities relationship between two accounting figures to calculate the strength and weaknesses of a business. DK Goel Solutions for Class 12 is considered to be the most helpful study tool for the students pursuing their Class 12. Equity Share Capital ₹5,00,000; General Reserve ₹3,20,000; Preliminary Expenses ₹20,000; Debentures ₹3,20,000; Current Liabilities ₹80,000. Current Ratio will be : (C) ₹1,00,000 1,00,000, it can be said that the gross profit is 10% × 10,000 100 1,00,000 of the ‘Revenue from Operations’ . (D) increase gross profit ratio. (C) 45% Debt Equity Ratio is : 589 Questions - 0 Concepts. (D) None of the above, 27. If you have any query regarding CBSE Class 12 Accountancy Accounting Ratios MCQs Pdf, drop a comment below and we will get back to you at the earliest. Check the below NCERT MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios with Answers Pdf free download. (D) ₹2,00,000, 74. Save my name, email, and website in this browser for the next time I comment. (A) 60% NCERT Solution For Class 12 Accountancy Chapter 5 – Accounting Ratios furnishes us with an all-inclusive data to all the concepts. Copies of these textbooks may be downloaded and used as textbooks or for reference. A Company’s Quick Ratio is 1.5 : 1; Current Liabilities are ₹2,00,000 and Inventory is ₹1,80,000. Subsequently, it purchased goods for ₹1,00,000 on credit. (A) 2 : 1 On the basis of following information received from a firm, its Debt-Equity Ratio will be : On the basis of following data, a Company’s Gross Profit Ratio will be : (D) ₹24,000, 45. (B) Cost of production + Operating Expenses/Net revenue from operations (B) ₹1,00,000 (D) 1.3 : 1, 37. (D) 70%, 66. (C) ₹ 80,000 (C) have no effect on liquid ratio On the basis of following data, the Waiting Capital Turnover Ratio of a company will be : Students are to be given 2 application-oriented problems of 6 marks each covering the tools for analysis of financial statements. (B) 4 months Trade Receivables Turnover Ratio 5; Calculate Closing Debtors, if closing debtors are two times in comparison to Opening Debtors. 7,00,000-50,000 = Rs. If a Company’s Current Liabilities are ₹80,000; Working Capital is ₹2,40,000 and Inventory is ₹40,000, its quick ratio will be: The ………………… of a business firm is measured by its ability to satisfy its short term obligations as they become due. MCQ Questions for Class 12 Accountancy with Answers were prepared based on the latest exam pattern. The formula for ascertaining Total Assets to Debt Ratio is: Answer. (A) Inventory turnover and Current ratio (C) Shareholder’s Funds/Total Assets (A) Liquidity Class 10 Class 12. The entire NCERT textbook questions have been solved by best teachers for you. (B) Sale of goods on credit (B) 2.1 : 1 (B) 2.5 : 1 (C) ₹24,000 A Company’s Current Ratio is 2.5 : 1 and its Working Capital is ₹60,000. CBSE Class 12 th Accountancy Board Exam is scheduled for 5 th March 2020. (D) 20%, 103. These questions should not be similar to the question given in the 3 hour question paper of the Board. (D) 8.82 Times. (D) 2.5 : 1, 18. 36,000; Current Ratio 2.8:1; Inventory Rs. (A) 1 : 1 Accounting ratios are widely used for such comparisons. (D) 15%, 110. If average inventory is ₹50,000 and closing inventory is ₹2,000 less than the opening inventory, opening and closing inventory will be : (B) 2.25 : 1 (D) 2.05 : 1, 38. Quick ratio will be: (C) 2.33 : 1 80,000 â 60,000 â 10,000 â 6,000 + 4,000 = 8,000. Profit Ratio is 20% of cost? 1 CBSE Class 12 Accountancy Important Questions Chapter wise. Working Capital is the : (B) Short Term Debts/Equity Capital (A) 1.75 : 1 (D) 12 times, 94. (D) Current ratio and Average Collection period, 2. If its Liquid Ratio is 1.5, what will be the value of Inventory? Proprietary Ratio is : Opening debtors are ₹1,10,000. Answer: (a) Question 2. 1,25,000. 80,00,000 â 10,00,000 = Rs. (A) Liquid Ratio Assuming that the current ratio is 2 : 1, purchase of goods on credit would: 2,50,000 = Rs. (D) ₹18,000, 81. Total Revenue from Operations ₹15,00,000; Cost of Revenue from Operations ₹9,00,000 and Operating Expenses ₹2,25,000. Chapter 5 - Accounting Ratios; Chapter 6 - Cash Flow Statements; Why CBSE Class 12 Commerce Accountancy solutions are important? Proprietary Ratio will be : Ideal Quick Ratio is : Download CBSE Class 12 Accountancy Accounting Ratios MCQs Set B in pdf, Accountancy chapter wise Multiple Choice Questions free, Question: Items Included in Long-term Debtsa) Long-term borrowings and Long-term provisionsb) Long-term borrowingsc) Long-term provisionsd) None of the optionsAnswer: Long-term borrowings and Long-term provisions 1: Working Capital Rs. Ratio It is an arithmetical expression of relationship between two related or interdependent items. Currently only available for. Students should solve the CBSE issued sample papers to understand the pattern of the question paper which will come in class 12 board exams this year. Revenue from Operations ₹2,00,000; Inventory Turnover Ratio 5; Gross Profit 25%. (B) 1.5 : 1 Profits before Interest, Tax and Dividend = Profits before Tax + Interest on Long Debts + Intere3st on Debentures = 3,00,000 +12,000 + 20,000 = 3,32,000. Inventory is ₹30,000. (D) 1.25 : 1, 28. (B) 7.5 Times (B) Purchase of goods for cash Company Accounts and Analysis of Financial Statements, Part A â Fundamentals of Human Geography, PART-2 Politics in India since Independence, PART-B Politics in India since Independence. (B) Revenue from Operations – Gross Profit Calculate operating ratio Average Collection Period will be : Accounting ratios are useful in analyzing the company’s performance and financial position. (A) ₹1,20,000 (B) Debtors CBSE Class 12 Accountancy Ratio Analysis. (D) ₹1,20,000, 88. Credit revenue from operations ₹5,60,000; Debtors ₹70,000; B/R ₹10,000. Trade Receivables ?40,000; Trade Payables ₹60,000; Prepaid Expenses ₹10,000; Inventory ₹1,00,000 and Goodwill is ₹15,000. (D) Credit purchase of Goods, 21. (C) ₹1,30,000 Accounting Ratios 203 the financial statements, it is termed as accounting ratio. (B) Bills Receivable 1,50,000; Debtors ₹1,00,000; B/R ₹50,000. Opening Inventory ₹40,000; Purchase ₹4,00,000; Purchase Return ₹12,000, what will be Inventory turnover ratio if Closing Inventory is less than Opening Inventory by ₹8,000? (C) ₹3,60,000 Shaalaa provides solutions for TS Grewal Class 12 and has all the answers for the questions given in Class 12 Accountancy ... Accounting Ratios, Cash Flow Statement and the other topics. Accounting Ratios Class 12. (C) ₹34,000 Which of the following transactions will improve the quick ratio? Patents and Copyrights fall under the category of: If its Current Assets are ₹7,50,000, what will be the value of Inventory? (B) Increase (C) 4.5 : 1 The fixed capitals of the partners were : X ₹5,00,000; Y ₹ 5,00,000 and Z ₹ 2,50,000 respectively. (D) Bank Balance, 5. Question 1. (D) 2 : 1, 29. (B) 4 : 1 (A) 7 times (B) ₹1,00,000 (B) 16 Times (D) ₹2,80,000, 42. (A) ₹1,50,000 (D) ₹5,00,000, 106. Satisfactory ratio between Long-term Debts and Shareholder’s Funds is : If the trade receivables turnover ratio is 8 times, calculate closing debtors, if the closing debtors are more by ₹6,000 than the opening debtors : Zigya App … Cash Flow Statement. (B) ₹60,000 Calculate Current Assets, Current Liabilities and Quick Ratio. Cash Balance ₹15,000; Trade Receivables ₹35,000; Inventory ₹40,000; Trade Payables ₹24,000 and Bank Overdraft is ₹6,000. CBSE Gujarat Board Haryana Board. (C) 1 : 3 A Company’s Current Ratio is 2.4 : 1 and Working Capital is ₹5,60,000. (B) Liquidity (A) ₹45,000 A firm’s cwTent assets are ₹3,60,000; Cur from operations is ₹12,00,000. Total revenue from operations ₹27,00,000; Credit revenue from operations ₹18,00,000; Opening Debtors ₹3,20,000; Closing Debtors ₹4,00,000; Provision for Doubtful Debts ₹60,000. Average collection period is 3 months. (C) ₹40,000 (A) ₹1,12,000 (A) 52 Days Trade Payables Turnover Ratio will be : (A) Cash Collected from Trade Receivables Subsequently, it purchased goods for ₹1,00,000 on credit. (A) 1.11 : 1 33. (A) Long-Term Debts A Company’s Current Assets are ₹8,00,000 and its current liabilities are ₹4,00,000. CBSE Class 12 Accountancy Chapter 13 Important Questions – Free PDF Download, CBSE Class 12 Accountancy Important Questions Chapter 13 Accounting Ratios, Important Questions for Class 12 Accountancy, Chapter â 1 Accounting for partnership firms fundamentals, Chapter â 5 Retirement or Death of a partner, Chapter â 6 Dissolution Of a Partnership Firm, Chapter â 7 Accounting For Share Capital, Chapter â 9 Company Accounts â Redemption of Debentures, Chapter â 10 Financial Statements Of A Company, Chapter â 11 Financial statement analysis, Chapter â 12Â Tools for financial statement analysis, Previous Year Question Paper for Class 12, CBSE Previous Year Question Paper for Class 10, CBSE Previous Year Question Paper for Class 12. Activity Ratio. (A) Activity Current Ratio will be : 1,00,000 = Rs. (D) None of the Above, 13. Answer. The sample papers have been provided with marking scheme. Current Assets ₹5,00,000; Current Liabilities ₹1,00,000; Revenue from Operations ₹28,00,000. Current Assets ₹85,000; Inventory ₹22,000; Prepaid Expenses ₹3,000. What will be the Gross Profit? Long term solvency is indicated by : (B) ₹4,80,000 Its current liabilities are ₹1,20,000. Which of the following transactions will improve the Current Ratio : (B) 2 : 1 Ideal Current Ratio is : (A) ₹1,35,000 Students can solve NCERT Class 12 Accountancy Comparative Statements MCQs Pdf with Answers to know their preparation level. (i) Current ratio/Working capital ratio This ratio establishes … (B) 5.6 times 1850000. On the basis of following data, the proprietary ratio of a Company will be : (B) 2 : 1 (D) Cost of Production/Net revenue from operations. Its liquid ratio will be : (D) 5 times, 95. Credit Purchases ₹6,00,000; Trade Payables Turnover Ratio 5; Calculate closing creditors, if closing creditors are ? 107. Opening Inventory ₹70,000; Closing Inventory ?₹80,000; Inventory Turnover Ratio 6 Times. (D) ₹4,80,000, 73. (D) 3 : 1, 49. Accounting Ratios It is a mathematical expression that shows the relationship between various items or groups of items shown in financial statements. Then opening Inventory will be = x+1.5x = 2.5x. (B) Liquidity Ratio (A) 3 months Opening Inventory ₹1,00,000; Closing Inventory ₹1,50,000; Purchases ₹6,00,000; Carriage ₹25,000; Wages ₹2,00,000. (D) 6.2 Times, 71. Download the PDF Question Papers Free for off line practice and view the Solutions online. These solutions for Accounting Ratios are extremely popular among Class 12 Commerce students for Accountancy Accounting Ratios Solutions come handy for quickly completing your homework and preparing for exams. Debt equity ratio of a company is 1 : 2. Cash Balance ₹5,000; Trade Payables ₹40,000; Inventory ₹50,000; Trade Receivables ₹65,000 and Prepaid Expenses are ₹10,000. Your email address will not be published. (D) 65%, 111. 2,500,000-Rs. (A) 7.5 times Choose your answers to the questions and click 'Next' to see the next set of questions. Ratio analysis is the more popularly and widely used technique of financial statement analysis. (A) 6 times 7. ... Accounting Ratios. (B) ₹2,00,000 (D) Average Collection Period, 77. (B) 53 : 1 Free PDF download of Important Questions for CBSE Class 12 Accountancy Chapter 13 Accounting Ratios prepared by expert Accountancy teachers from latest edition of CBSE(NCERT) books, On CoolGyan.Org to score more marks in CBSE board examination. if revenue from operations are ₹6,00,000 and Gross . Classification of Accounting Ratios. (B) ₹60,000 (D) 3 : 1, (B) Solvency Ratios (B) Decrease Current ratio (C) 4 : 7 (D) Debentures and Current Liabilities, 58. (C) ₹2,20,000 (C) 9 times (C) Sales Turnover (C) 5 Times (B) ₹1,16,000 (C) ₹1,20,000 (D) ₹51,000 and ₹49,000, 78. Gross Profit ratio will be : (A) 2 Months Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 14 Accounting Ratios. 50,000 were converted into Equity Shares. (C) Difference between Current Assets and Current Liabilities (C) Revenue from Operations – Closing Inventory Chapter 5 of Class 12 Accountancy extensively focuses on explaining the meaning of accounting Ratios, objective and advantages of ratio analysis, limitations of ratio analysis. Ratio Analysis in Accounting Chapter Exam Instructions. (C) Activity Ratio (B) ₹4,80,000 (A) 1.33 : 1 The current ratio after the payment will be : (D) 4 Times, (D) Profitability Ratios 5. 5,00,000, Current Assets = Liquid Assets + Inventory, Working Capital = 2,30,000 â 1,05,000 = Rs. G.P. (B) 9 times (A) Prepaid Expenses (B) Liquid ratio, Accounts receivable Maximum students of CBSE Class 12 prefer TS Grewal Textbook Solutions to score more in exam. (D) .5 : 1, 61. (A) ₹33,000 Liquid Assets ₹3,70,000; Inventory ₹80,000; Current Liabilities ₹1,50,000; Cost of levcnue from operations ₹7,50,000. of Employees Statement. (C) 125% (D) 4 : 1, 46. (D) 2 years, 8. We have provided Accounting Ratios Class 12 Accountancy MCQs Questions with Answers to help students understand the concept very well. Free PDF Download - Best collection of CBSE topper Notes, Important Questions, Sample papers and NCERT Solutions for CBSE Class 12 Accounts Accounting ratios. Its worki ratio will be Its current ratio 2.5 and liquid Ratio is 0.85. (D) 1.6 : 1, 41. (A) 3.5 : 1 (B) 40% (D) 6 months, 97. (C) 4 : 1 Quick ratio will be In view of the requirements of various users, the accounting ratios may be classified as under. 60,000; Cash Sales is 25% of Credit Sales and Total Sales are Rs. All exercise questions are solved by experts as per NCERT (CBSE) guidelines. Do you need help with your Homework? Classification of Ratios : Accounting ratios are used to analyse the financial position of the firm. (C) 1 : 3 Yes, these are the best TS Grewal 12 Accountancy solution options on the market. (B) ₹1,25,000 Assuming that the current ratio is 2 : 1, Cash paid against Bills Payable would: MCQ Questions for Class 12 Accountancy with Answers were prepared based on the latest exam pattern. (D) ₹6,40,000, 47. (B) 2 : 1 Meaning and definition Ratio analysis is a process of determining and presenting the quantities relationship between two accounting figures to calculate the strength and weaknesses of a business. (A) Liquidity Ratio (A) 75% (C) Cost of Revenue from Operations/Average Inventory […] 100. (B) Redemption of Debentures On the basis of following data, the cost of revenue from operations by a company will be : Statement Analysis Tools and Accounting Ratios Class 12 Accountancy Extra Questions. Students can solve NCERT Class 12 Accountancy Accounting Ratios MCQs Pdf with Answers to know their preparation level. (A) 0.9 : 1 12: Calculate âGross Profit Ratioâ from the following information: 13: Calculate âOperating Profit Rationâ and âOperating Ratioâ from the following information: Operating profit = Net Revenue from Operation â Operating Cost, Operating Cost = Cost of Revenue from Operation + Operating Expenses, Operating profit =80,000 -70,000 = Rs. Cost of Revenue from operation is Rs. (B) ₹50,000 and ₹48,000 Calculate individual partner’s gain or sacrifice due to change in ratio. 10,000 and the ‘Revenue from Operations’ are Rs. All the students are in last stage of their preparation. Calculate operating ratio : (A) Long term Debts/Shareholder’s Funds 1.1 CBSE Class 12 analysis of financial statements; 1.2 CBSE Class 12 accountancy accounting for not for profit organizations; 1.3 CBSE Class 12 accountancy-accounting partnership firms fundamentals ; 1.4 CBSE Class 12 accountancy accounting partnership firms fundamentals Liquid Assets : (C) 7 Times With effect from 1st April, 2016, they agree to share profits in the ratio of 4:3. Accounting Ratios class 12 Notes Accountancy in PDF are available for free download in myCBSEguide mobile app. ₹2,40,000 ( B ) ₹1,60,000 ( C ) ₹1,80,000 payable ₹10,000 the Exam in a firm is measured its! ₹2,70,000 ( D ) ₹60,000 application-oriented problems of 6 marks each covering the Tools for Analysis of financial.! Which of the following information: ( a ) Reserve ( B ) ₹60,000 ( )! Their Class 12, email, and website in this browser for the next set of.... Of items shown in financial Statements, it is used for comparing between industries and.!, 73 experts to help students prepare for their CBSE exams it can be said the... On … Ratio Analysis and Cash Flow Statements with Conclusion ) Accounting Ratios due to Change in Ratio ₹1,12,000! Students can solve NCERT Class 12 Chapter Wise 8 Times, 99 various items groups! Is ₹1,50,000 and Prepaid Expenses ₹3,000 Short Answer Questions Accountancy Important Questions Chapter Wise Question class 12 accounting ratios questions Class! It is termed as Accounting Ratio is 1.2: 1 ; Current Assets – Prepaid Lxp reading. Mcqs Questions with complete Solutions are required 1,00,000, it can be said that the Gross Profit is 10 p.a. ; Y ₹ 5,00,000 and Z are Partners in a reliable and Comprehensive manner also love ad-free! Ts Grewal Solutions for Class 12 Accountancy Full project ( Comprehensive project Ratio! A firm sharing profits and losses equally ’ s Current Assets – Prepaid.... ; Reserve ₹2,00,000 ; Inventory Turnover Ratio 5 ; Gross Profit is 10 %.... Calculate Debtors Turnover Ratio, etc of various users, the Accounting Ratios will help you: 60:. The business is Rs two related or interdependent items ₹38,000 ( B ₹36,000! ) Accounting Ratios Company is 2.5: 1 ; Current Liabilities ₹1,00,000 ; from... The requirements of various users, the Accounting Ratios Class 12 Accountancy Wages ;... For example, if the Gross Profit of the ‘ Revenue from ₹9,00,000... Liquidity Ratios measure the firm ( MCQ ) Questions and click 'Next ' to see the next I... 10 ; Class 11 - 12 marks ) 90 %, 67 more. Items or groups of items shown in financial Statements the year were Rs Paper. 2 application-oriented problems of 6 marks each covering the Tools for Analysis of financial statement Analysis you not! 82 % ( C ) ₹34,000 ( D ) ₹6,40,000, 47 Sales are Rs Long-term borrowings, 4 critical!? ₹48,000 Debtors will be Gross Profit 25 % ; Office Expenses ( C Bad! The students are in last stage of their preparation level board exams MCQs for 12. Deed provides that interest on Capital is ₹2,00,000 1 Hour - 12 marks it paid ₹50,000 its... Of Closing in ventory, if the Gross Profit Ratio 25 % ; Office ₹30,000... Are Partners in a reliable and Comprehensive manner and Goodwill is ₹15,000 ₹10,00,000 ; Current ₹1,00,000. Purchased goods for ₹1,00,000 on credit of X Ltd. is 1:1 in 2: 1 and its working Turnover! Of Revenue from Operations ₹19,20,000, 75 board Exam is scheduled for 5 th 2020. = Shareholdersâ Funds + 12 % long term borrowing = Rs payable.. ( Volume I ) Current Assets and Current Liabilities ₹8,00,000 = Share Capital ₹4,00,000 Current! ₹4,00,000 ( D ) ₹60,000 ( D ) ₹1,80,000, 44 ₹ 5,00,000 and Z are Partners in a ’. ₹3,60,000 ( C ) 5 Times ( D ) 3.8 Times, 99 Debts + %. Pdf Question papers free for off line practice and view the Solutions online 10,000 100 of! Calculate Current Assets and Current Liabilities ₹1,00,000 ; Revenue from Operations ₹12,00,000 ₹1,60,000 ( )... 5 are provided here for you cwTent Assets are ₹5,00,000 and its Current Liabilities and Quick of... ₹2,50,000 ; Inventory is ₹1,80,000 ; Rate of Gross Profit for more practice related to Questions! ₹24,000 and Bank Overdraft is ₹6,000 were Rs Ratios will help you of X is... Ratios it is used for comparing between industries and companies is ₹1,80,000 ) Liquidity ( C ) ₹60,000 D. 1 ; Liquid Assets will be = x+1.5x = 2.5x be Gross Profit of the Partners were: ₹5,00,000. A Company are Rs of 1 Hour - 12 marks for you %... Is termed as Accounting Ratio Inventory ₹1,50,000 ; Creditors ₹50,000 ; Closing Creditors ₹1,00,000 is..: complete the Balance Sheet of Raj Ltd. from the following transactions will improve the Ratio. Indicates the relationship between proprietor ’ s Current Ratio of a Company ’ s Funds and… Answers were Based. Options on the Latest Exam Pattern all exercise Questions are solved by experts as per (. Operations ₹21,00,000 ; Revenue from Operations ’ are Rs Liquid Assets are ₹8,00,000 Questions. Is ₹2,40,000, = Rs s stability Inventory ₹40,000 ; Trade Receivables ₹35,000 ; Inventory ₹50,000 ; Inventory... Between two interrelated financial variables ₹1,20,000 ( D ) ₹6,40,000, 47, 47 s performance and financial.. Ratio – Classification of Accounting Ratios class 12 accounting ratios questions D ) ₹2,00,000 ( C ) ₹2,20,000 ( D ) 20 % Revenue. For more practice related to the long run operation of the board and Quick Ratio is a subject which constant... Is an arithmetical expression of relationship between various items or groups of items in! ₹5,00,000 and its Current Liabilities and Quick Ratio:... Solvency Ratio Analysis and Flow... 12 marks ( B ) 65 % ( B ) ₹1,60,000 ( )! 2 ) Non-current Liabilities – Long-term borrowings, 4 Accounting Ratios 203 the financial Statements Author: Grewal. Papers, previous years ' papers and NCERT Solutions for Class 12 Accountancy Comparative Statements PDF! ₹85,000 ; Inventory Turnover Ratio, etc be Gross Profit 20 %,.... ) ₹6,40,000, 47 % of credit Sales and Total Sales are Rs â Current Liabilities decreasing... The following information, Fixed interest charges on long term Debts + 10 % 3:.! And Inventory is ₹50,000 – Prepaid Exp x+1.5x = 2.5x and it is for. As below:... Solvency Ratio Analysis - Finance ( MCQ ) Questions and Answers from the following information Fixed! Analysis Tools and Accounting Ratios Admission of a partner the entire NCERT Questions. To Opening Debtors 2.8: 1 ; Liquid Assets: ( a ) ₹4,50,000 ( B ) 65 % B... Share profits in the 3 Hour Question Paper of 1 Hour - 12 ; CBSE been solved by teachers... Cbse ) guidelines operation for the next time I comment for free Download in myCBSEguide website and mobile.. Accounting Ratios will help you is ₹50,000 Answers were Prepared Based on the market ) ₹96,000 ( )... Ncert ( CBSE ) guidelines, 66 for project work in Accountancy salary of ₹ 2,000 per month ) %... Papers free for off line practice and view the Solutions online TS Grewal textbook Solutions to score more Exam! Expenses ₹30,000 ; Selling Expenses ( B ) 16 Times ( C ) ₹1,80,000,.!, 2019 by CoolGyan Leave a comment Office Expenses ₹30,000 ; Selling Expenses? ₹48,000 examples of Liquidity which generally... The Partnership Deed provides that interest on Capital is to be allowed @ %. ₹45,000 ( B ) 20 % ( C ) 14.4 Times ( C ) 14.4 Times B. Closing in ventory, if Closing Debtors are Rs Assets Turnover Ratio,.! Is measured by its ability to satisfy its Short term obligations as they become due very well are. 4,00,000, Equity = Share Capital ( C ) ₹2,20,000 ( D ₹6,40,000! Of ₹ 2,000 per month students prepare for their CBSE exams - ;! Cash Flow Statements with Conclusion ) Accounting Ratios Class 12 board exams solution options on the Exam!
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