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Published on: 08/09/2022
QB365 provides a detailed and simple solution for every Possible Case Study Questions in Class 12 Accountancy Subject - Issue and Redemption of Debentures, CBSE. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download CBSE Class 12th Standard CBSE Accountancy question papers, sample papers, important questions, and previous year solved papers in PDF format. Get free study materials, NCERT solutions, and exam preparation resources for Class 12th Standard CBSE Accountancy
Questions + Answers key
Take MCQ Accountancy Test
1.
Read the following hypothetical extract of Rehan Limited and answer the given questions on the basis of the same:
| YEAR | 2020 | 2019 | 2018 |
|---|---|---|---|
| AMOUNT | (IN Rs.) | (IN Rs.) | (IN Rs.) |
| Outstanding Expense | 50,000 | 40,000 | 25,000 |
| Prepaid Expense | 3,00,000 | 2,50,000 | 3,50,000 |
| Trade Payables | 18,00,000 | 16,00,000 | 14,00,000 |
| Inventory | 12,00,000 | 10,00,000 | 11,00,000 |
| Trade Receivables | 11,00,000 | 8,00,000 | 10,00,000 |
| Cash in hand | 17,00,000 | 12,00,000 | 15,00,000 |
| Revenue from operations | 24,00,000 | 18,00,000 | 20,00,000 |
| Gross Profit Ratio | 12% | 15% | 18% |
1.Current Ratio for the year 2020 will be_______________ (Choose the correct alternative)
| (a) 2:1 | (b) 1.8:1 | (c) 2.32:1 | (d) 2.4:1 |
2.Quick Ratio for the year 2018 will be______________(Choose the correct alternative)
| (a) 1.75:1 | (b) 1.8:1 | (c) 0.94:1 | (d) 1.25:1 |
3.Inventory turnover ratio for the year 2020 will be______(Choose the correct alternative)
| (a) 1.62times | (b) 1.82 times | (c) 1.55time | (d) 1.92 times |
4.Cost of Revenue from Operations for the year 2020 would be ________(Choose the correct alternative)
| (a) Rs.21,12,000 | (b) Rs.21,13,000 | (c) Rs.21,15,000 | (d) Rs.21,17,000 |
1.
1. (c) 2.32:1 2
2. (b) 1.75:1 3
3. (d) 1.92 times 4
4. (a) Rs.21,12,000
12th Standard CBSE Syllabus & Materials
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CBSE 12th Standard CBSE Subjects
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