CUET UG Accountancy 28 May 2023 Shift 3

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Question : 29 of 50

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Aradya Ltd. had debt equity ratio of 2.5 : 1. State which of the following transaction will not effect the Debt Equity Ratio:

Purchase of ₹15,00,000 machinery by taking bank loan of ₹12,00,000
₹2,00,000 paid to creditors
Conversion of ₹1,00,000 debentures into Equity shares of ₹100 each
Sale of furniture (book value of ₹5,00,000) for ₹5,50,000

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