Maponya Limited has a current ratio of 2:1

Required

Explain the effects of each of the transaction below on the current ratio.

I. Old furniture and fittings are sold for cash.

ii. Payments are made to Creditors.

iii. Equity shares are issued for cash.

iv. Goods are purchased on a cash basis.

v. Sold five computers that were no longer needed for cash.

thanks in advance.