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What will be the impact of ‘Cash Paid to Creditors’ on a Current ratio of 1:1? State the reason. - Accounts

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प्रश्न

What will be the impact of ‘Cash Paid to Creditors’ on a Current ratio of 1:1? State the reason.

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उत्तर

When cash is paid to creditors at a current ratio of 1:1, the ratio decreases. This happens because both current assets and current liabilities fall equally, but with assets and liabilities already equal, assets become less, weakening liquidity.

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अध्याय 15: Project Work - PROJECT WORK PROBLEMS [पृष्ठ P-62]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 15 Project Work
PROJECT WORK PROBLEMS | Q 12. | पृष्ठ P-62
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