Question : Which of the following transactions will not change in the current ratio?
Option 1: Redemption of Debentures.
Option 2: Purchase of goods for Rs.20,000 against cheque.
Option 3: Purchase of Loose Tools for Rs. 10,000 against cheque.
Option 4: Bill Receivable of Rs.5,000 endorsed to a Creditor is dishonoured.
Correct Answer: Purchase of goods for Rs.20,000 against cheque.
Solution :
Answer -
Purchase of goods for Rs.20,000 against cheque.
Purchased Goods against cheque.
if we assume
$\begin{aligned}
& \text { C. } A=2,00,000 \\
& \text { C.liaB }=1,00,000 \\
& \text { C. Ratio }=\frac{2,00,000}{1,00,000}+1,00,000(Goods \text {) - 1,00,000 (Cheque)} \\
& =No \text { Change. } \\
&
\end{aligned}$
Hence, the correct option is 2.
