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प्रश्न
What will be the impact of ‘Cash collected from debtors’ on a Current ratio of 1:1? State with reason.
अति संक्षिप्त उत्तर
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उत्तर
When cash is collected from debtors and the current ratio is 1:1, there is no change. This is because the transaction only converts one current asset (debtors) into another (cash), leaving total current assets and current liabilities unaffected.
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