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

  • question_answer
    Match the followings: Current asset 2,00,000; Current Liability 1,00,000. Current ratio will be:
    (1) Sale of goods for Rs.50000 (Cost Rs.45000). (a) 3:1
    (2) Bill Receivable endorsed to a Creditor amounting to Rs.50000. (b) 1.67:1
    (3) B/R dishonoured at maturity amounting to Rs.50000. (c) 4:9
    (4) Redemption of Debentures amounting to Rs.50000 by way of issue of equity share (d) 2.05:1

    A) 1-[b]; 2-[c]; 3-[d]; 4-[a]

    B) 1-[b]; 2-[d]; 3-[a]; 4-[c]

    C) 1-[d]; 2-[a]; 3-[b]; 4-[c]

    D) 1-[d]; 2-[c]; 3-[a]; 4-[b]

    Correct Answer: C

    Solution :

    1-[d]; 2-[a]; 3-[b]; 4-[c]

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