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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 4 · Set 1 · Q28
Quick ratio of Megamart Ltd. is 1.5:l. Which of the following transactions will result in decrease in this ratio?
Quick ratio of Megamart Ltd. is $\displaystyle 1.5$:l. Which of the following transactions will result in decrease in this ratio ?
Official answer
(C)
Purchase of goods for cash ₹ $\displaystyle 38,000$
Marking-scheme solution
(C)
Purchase of goods for cash ₹$\displaystyle 38$,000.
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.