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What will be the impact of ‘Cash Paid to Creditors’ on a Current Ratio of 2:1? State the reason. - Accounts

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What will be the impact of ‘Cash Paid to Creditors’ on a Current Ratio of 2:1? State the reason.

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उत्तर

When cash is paid to creditors and the current ratio is 2:1, the ratio improves. This is because both current assets and current liabilities decrease by the same amount, strengthening the firm’s short-term liquidity position.

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पाठ 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
पाठ 15 Project Work
PROJECT WORK PROBLEMS | Q 11. | पृष्ठ P-62
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