# Solution - The current ratio of X. Ltd is 2:1. State with reason which of the following transaction would i. Increase or ii. decrease or iii. not change the ratio 1. Included in the trade payables was a bills payable of Rs.9,000 which was met on maturity. 2. Company issued 1,00,000 equity shares of Rs.10 each to the Vendors of machinery purchased. - Liquidity Ratios

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The current ratio of X. Ltd is 2:1. State with reason which of the following transaction would

i. Increase or ii. decrease or iii. not change the ratio

1. Included in the trade payables was a bills payable of Rs.9,000 which was met on maturity.

2. Company issued 1,00,000 equity shares of Rs.10 each to the Vendors of machinery purchased.

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Solution for question: The current ratio of X. Ltd is 2:1. State with reason which of the following transaction would i. Increase or ii. decrease or iii. not change the ratio 1. Included in the trade payables was a bills payable of Rs.9,000 which was met on maturity. 2. Company issued 1,00,000 equity shares of Rs.10 each to the Vendors of machinery purchased. concept: Liquidity Ratios. For the courses CBSE (Arts), CBSE (Commerce), CBSE (Science)
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