12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Current ratio of the company is 2:1. B/R endorsed to creditors are dishonoured amounting to Rs.10,000 would result in

    A) Increase in Current ratio

    B) Decrease in Current ratio

    C) No Change in current ratio

    D) Both a and b

    Correct Answer: B

    Solution :

    Decrease in Current ratio

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