state giving reasons which of the following transactions would improve reduce or not change the current ratio, if current raito of a c 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 ffor cash
(d) payment of divident payable
(e ) bills payable discharged
(f) bills receivable endorsed to a creditro
(g) bills receivable endorsed to a creditor dishonoured.

state giving reason whether the current ratio will improve or decline or will have no effect in each of the following transactions if current ratio is 2:1 (a) cash paid to trade payabless. (b) bills payable discharged (c ) bills receivable endrosed to a creditor (d) payment of final deivdend already declared (e ) purchase of stock in trade on credit (f) bills receivable endorsed to a creditor dishonoured. (g) purchase of stock in trade for cash. (g) purchase of stock in trade for cash (h) sale of fixed assets (book value of rs 50000) for Rs 45000 (i) sale of fixed assets (book value of Rs 50000) for Rs 60000.

Quick ratio of a company is 2:1 state giving reasons which of the following transactions would (i) improve ,(ii) reduce,(iii) not change the quick ratio: (a) purchase of goods for cash, (b) purchase of goods on credit, (c ) sale of goods (costingRs 10000) for (a) purchase of goods for cash , (b) purchase of goods on credit (c ) sle goods (costing Rs 10000) for Rs 10000(d) sale of goods (costing Rs 10000) for Rs 11000,(e )cash recelved from trade recelvables.