The Current Ratio of Zenith Ltd. is 2 : 1. State giving reasons, which of the following transactions will improve, reduce or not change the current ratio:
Payment to creditors ₹20,000
Purchased goods on credit ₹80,000
Cash received from debtors ₹15,000
Issue of Equity Shares ₹5,00,000

Marks-4, CBSE:2022-23/Compartment/Q-33*