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

  • question_answer
    A transaction involving a decrease in debt-equity ratio and increase in current ratio is:

    A) issue of debentures against the purchase of fixed assets

    B) issue of debentures for cash

    C) redemption of preference shares for cash

    D) issue of equity shares for cash

    Correct Answer: D

    Solution :

    [d] issue of equity shares for cash


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