Accounting Ratios Class 12th Accounts (increase/decrease/no change Based Question) скачать в хорошем качестве

Accounting Ratios Class 12th Accounts (increase/decrease/no change Based Question)

Accounting Ratios Class 12th Accounts (increase/decrease/no change Based Question) Instagram Link : https://www.instagram.com/manojsharma... 16. State, giving reason, whether the Current Ratio will improve or decline or will have no effect in each of the following transactions if Current Ratio is 2: 1: (a) Cash paid to Trade Payables. (b) Bills Payable discharged. (c) Bills Receivable endorsed to a creditor. (d) Payment of final Dividend already declared. (e) Purchase of Stock-in-Trade on credit. (f) Bills Receivable endorsed to a Creditor dishonoured. (g) Purchase of Stock-in-Trade for cash. (h) Sale of Fixed Assets (Book Value of 50,000) for ₹45,000. (i) Sale of Fixed Assets (Book Value of 50,000) for ₹60,000. [Ans.: (a) Improve; (b) Improve; (c) Improve; (d) Improve; (e) Decline; (f) Decline; (g) No Effect; (h) Improve; (i) Improve.] 31. The Quick Ratio of a company is 0.8: 1. State, with reason, whether the following transactions will increase, decrease or not change the Quick Ratio: (i) Purchase of loose tools for 2,000; (ii) Insurance premium paid in advance 500; (iii) Sale of goods on credit 3,000; (iv) Honoured a bills payable of₹ 5,000 on maturity. (CBSE 2017) [Ans.: (i) Decrease; (ii) Decrease; (iii) Increase; (iv) Decrease.] #msacademyaccounts #accountingratio