
Question 65 Chapter 7 - Unimax Publication Class 12 Part 2 - 2021
65. The operating ratio of a company is 80%. State, giving reasons, which of the following transactions will (a) Increase (b) Decrease or (c) not alter the operating ratio:
credit purchase of goods 5,000
2. sales return 200
3. payment to creditors 1,000
4. selling expenses 400
5. cash sales 10,000
6. purchase return 100
(a) increase (b) increase (c) no change (d) increase (e) decrease (f) decrease
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Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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