12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Which of the following transaction will improve the current ratio (If current ratio is 2:1) :

    A) Cash collected from trade receivable

    B) Purchase of goods for cash

    C) Payment of trade payables

    D) Credit purchase of goods

    Correct Answer: C

    Solution :

    Payment of trade payables


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