Home
Class 12
ACCOUNTS
Which of the following transactions will...

Which of the following transactions will improve the quick ratio?

A

Sale of goods for cash

B

Sale of goods on credit

C

Issue of new shares for cash

D

All of the Above

Text Solution

Verified by Experts

The correct Answer is:
D
Promotional Banner

Topper's Solved these Questions

  • ACCOUNTING RATIOS

    DK GOEL|Exercise Multiple Choice Questions (Solvency Ratios)|19 Videos

  • ACCOUNTING RATIOS

    DK GOEL|Exercise Multiple Choice Questions (Activity Ratios)|31 Videos

  • ACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS

    DK GOEL|Exercise Multiple Choice Questions (viii) Guarantee of Profit to a Partner (HOTS)|13 Videos

  • ACCOUNTING TREATMENT OF GOODWILL

    DK GOEL|Exercise ILLUSTRATION 6.|1 Videos

Similar Questions

Explore conceptually related problems

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.

Journalise the following transactions:

Journalise the following transactions: