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Question 12 Chapter 7 -Unimax Publication Class 12 Part 2 – 2021

Question No -12 Chapter no - 7 Unimax Class - 12 Part -II
Question No -12 Chapter no - 7 Unimax Class - 12 Part -II

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Question 12 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

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The current ratio is 2:1. State giving reasons which of the following transactions would improve, reduce and not change the current ratio.
(a) Repayment of current liabilities
(b) Purchasing goods on credit
(c) Sale of an office typewriter (book value ₹ 4,000) for ₹ 3,000 only
(d) Sale of merchandise (goods) costing ₹ 10,000 for ₹ 11,000
(e) Payment of dividend

The solution of Question 12 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

(a) Improve 

(b) Reduce

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(c) Improve

(d) Improve

(e) Improved 

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Accounting Ratios – Meaning and Definition

Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

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