SOLUTION
Current ratio Will decrease because both Current assets and Current liabilities are decreased by the same amount.
What will be the impact of ‘Cash paid to Trade Payables’ on a Current ratio of 8: 1? State with reason.
- Post category:Accountancy
- Reading time:1 mins read
Please Share This Share this content
- Opens in a new window Twitter
- Opens in a new window Facebook
- Opens in a new window Google+
- 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