What will be the impact of ‘Cash Paid to trade Payables on a Current Ratio of 2: 1? State the reason. Post category:Accountancy Reading time:1 mins read SOLUTION Current Ratio will improve 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 PostThe current ratio of a company is 2: I. Stale giving reason whether purchase of goods on credit will increase, decrease or not change the ratio. (C.B.S.E. 2020. Delhi) Next PostWhat will be the impact of ‘Cash Paid to Trade Payables’ on a Current ratio of 1: 1? State the reason. You Might Also Like Anupama Ltd. issued 12,000; 8% Debentures of Rs. 100 each at a discount of 5% payable as 25% on application; 20% on allotment and balance after three months. Pass Journal entries. July 16, 2022 Give the average period, in months, for charging interest on drawings of a fixed amount withdrawn at the beginning of each quarter. October 7, 2022 Give the accounting entry for unrecorded assets in case of reconstitution of a partnership firm. October 7, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Anupama Ltd. issued 12,000; 8% Debentures of Rs. 100 each at a discount of 5% payable as 25% on application; 20% on allotment and balance after three months. Pass Journal entries. July 16, 2022
Give the average period, in months, for charging interest on drawings of a fixed amount withdrawn at the beginning of each quarter. October 7, 2022
Give the accounting entry for unrecorded assets in case of reconstitution of a partnership firm. October 7, 2022