Economics · Ratio Analysis
Which of the following transactions will change the current ratio?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Dishonouring of bills receivable
- 2Accepting a bill drawn by trade creditors
- 3Payments to a trade creditor✓
- 4Purchase of goods for cash
Correct answer
Payments to a trade creditor
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