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

  • question_answer
    Which of the following transaction will improve the quick ratio?

    A) Purchase of inventory for cash

    B) Cash collected from debtors

    C) Sale of goods (costing Rs. 10,000 for Rs. 50,000)

    D) None of the above

    Correct Answer: C

    Solution :

    [c] Sale of goods (costing Rs. 10,000 for Rs. 50,000)


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