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 SOLUTION Current ratio Will decrease 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 1: 1? State the reason. Next PostWhat will be the impact of ‘Cash collected from trade receivables’ on a Current ratio of 2: 1? State with reason. You Might Also Like Why a retiring or heirs of a deceased partner are entitled to a share of goodwill of the firm? September 27, 2022 How can a new partner be admitted? September 26, 2022 From the following Balance Sheet of ABC Ltd. as at 31st March, 2019, Calculate Debt to Equity Ratio: August 12, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Why a retiring or heirs of a deceased partner are entitled to a share of goodwill of the firm? September 27, 2022
From the following Balance Sheet of ABC Ltd. as at 31st March, 2019, Calculate Debt to Equity Ratio: August 12, 2022