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Purchase of stock in trade on …

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Purchase of stock in trade on credit will improve decline or not change the ratio

    • Posted by Nisha Motwani 8 years, 2 months ago

    CBSE > Class 12 > Accountancy
    • 4 answers

    Maninder Singh 8 years, 2 months ago

    1.     It will reduces the current ratio because through this transaction Current Assets will increasing in form of Inventory and Current Liabilities will increase in form of Trade Payable. So as result Current Ratio will Decling.

    2.     Quick ratio will also Decrease by doing this.

     

    0Thank You

    Mimansha Rawat 8 years, 2 months ago

    State the name of ratio plz

    0Thank You

    Yogita Chahar 8 years, 2 months ago

    It will improve the current ratio.

    0Thank You

    Yas S 8 years, 2 months ago

    Impove

    0Thank You

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