How will you treat Bank Overdraft in a Cash Flow Statement? (C.B.S.E. 2015) Post category:Accountancy Reading time:1 mins read SOLUTION Bank Overdraft is short-term borrowing and will be treated as financing activity. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostUnder which type of activity will you classify ‘Commission and Royalty Received’ while preparing Cash Flow Statement? Next PostWhere will you show purchase of Goodwill in a Cash Flow Statement? You Might Also Like A, B and C are partners sharing profits in the ratio of 5: 3: 2. D is admitted for l / 5th share. What will be the new profit-sharing ratio? September 26, 2022 Following is the Balance Sheet of Mevanca Limited as at 31st March, 2017: August 18, 2022 A and B are sharing profits and losses equally. With effect from 1st April, 2019, they agree to share profits in the ratio of 4 : 3. Calculate individual partner’s gain or sacrifice due to the change in ratio. July 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B and C are partners sharing profits in the ratio of 5: 3: 2. D is admitted for l / 5th share. What will be the new profit-sharing ratio? September 26, 2022
A and B are sharing profits and losses equally. With effect from 1st April, 2019, they agree to share profits in the ratio of 4 : 3. Calculate individual partner’s gain or sacrifice due to the change in ratio. July 27, 2022