Ratio 60
The Current Ratio of a company is 2 : 1. State giving reasons which of the following transactions would improve, reduce or not change the ratio: (a) Purchase of goods for cash ₹60,000 (b) Purchase of fixed assets for cash ₹2,00,000 (c) Sale of goods costing ₹20,000 for ₹23,000 on credit (d) Issue of shares … Read more