What will be the impact of ‘Cash Paid to Trade Payables’ on a Current ratio of 1: 1? State the reason. Post category:Accountancy Reading time:1 mins read SOLUTION Current ratio will not alter because both Current assets and Current liabilities are decreased by the same amount. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat will be the impact of ‘Cash Paid to trade Payables on a Current Ratio of 2: 1? State the reason. Next PostWhat will be the impact of ‘Cash paid to Trade Payables’ on a Current ratio of 8: 1? State with reason. You Might Also Like State any one right acquired by a newly admitted partner. (CBSE 2020 C) October 7, 2022 Can ‘Securities Premium Reserve’ be used as working capital? Give reason in support of your answer. September 28, 2022 A, B and C are partners sharing profits and losses in the ratio of 2 : 3 : 5. On 31st March, 2019, their Balance Sheet was: August 2, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Can ‘Securities Premium Reserve’ be used as working capital? Give reason in support of your answer. September 28, 2022
A, B and C are partners sharing profits and losses in the ratio of 2 : 3 : 5. On 31st March, 2019, their Balance Sheet was: August 2, 2022