State giving reasons, which of the following transactions would improve, reduce or not change the Current Ratio, if Current Ratio of a company is (i) 1:1; or (ii) 0.8:1:(a) Cash paid to Trade Payables.(b) Purchase of Stock-in-Trade on credit.(c) Purchase of Stock-in-Trade for cash.(d) Payment of Dividend payable.(e) Bills Payable discharged.(f) Bills Receivable endorsed to a Creditor.(g) Bills Receivable endorsed to a Creditor dishonoured.

State giving reasons, which of the following transactions would improv

1.	State giving reasons, which of the following transactions would improve, reduce or not change the Current Ratio, if Current Ratio of a company is (i) 1:1; or (ii) 0.8:1:(a) Cash paid to Trade Payables.(b) Purchase of Stock-in-Trade on credit.(c) Purchase of Stock-in-Trade for cash.(d) Payment of Dividend payable.(e) Bills Payable discharged.(f) Bills Receivable endorsed to a Creditor.(g) Bills Receivable endorsed to a Creditor dishonoured.
Answer» State giving reasons, which of the following transactions would improve, reduce or not change the Current Ratio, if Current Ratio of a company is (i) 1:1; or (ii) 0.8:1: (a) Cash paid to Trade Payables. (b) Purchase of Stock-in-Trade on credit. (c) Purchase of Stock-in-Trade for cash. (d) Payment of Dividend payable. (e) Bills Payable discharged. (f) Bills Receivable endorsed to a Creditor. (g) Bills Receivable endorsed to a Creditor dishonoured.

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