2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Accounting Ratios

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

  • question_answer
    A transaction involving decrease in current ratio and an increase in quick ratio:

    A) purchase of stock-in-trade for cash

    B) sale of non-current assets for cash

    C) sale of stock-in-trade at loss

    D) cash payment of non-current liability

    Correct Answer: C

    Solution :

    [c] sale of stock-in-trade at loss


You need to login to perform this action.
You will be redirected in 3 sec spinner