Deepu Ltd., a non financing company received dividend on shares. How will it be presented while preparing ‘Cash Flow Statement’? Post category:Accountancy Reading time:1 mins read SOLUTION Investing Activities. 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 PostWhile preparing Cash Flow Statement, the accountant of ‘Rachna Ltd.’, a financing company, included ‘Interest received on loan’ in financing activities. Was he correct in doing so? Give reason. Next PostHider Ltd., a mutual fund company invested Rs. 5,00,000 in shares of Prayag Ltd. It received dividend of Rs. 45,000 during the year. How will it be depicted in the Cash Flow Statement? You Might Also Like Calculate Inventory Turnover Ratio from the data given Below: August 13, 2022 Star Ltd. took over the assets of Rs. 6,60,000 and liabilities of Rs. 80,000 of Moon Ltd. for Rs. 6,00,000. Give necessary Journal entries in the books of Star Ltd. assuming that:Case (a): The purchase consideration was payable 10% in cash and the balance in 5,400; 12% Debentures of Rs. 100 each.Case (b): The purchase consideration was payable 10% in cash and the balance in 4,500; 12% Debentures of Rs. 100 each issued at 20% premium. July 16, 2022 Geeta and Sunita are partners in a firm sharing profits in the ratio of 3: 2. They admit Anita as a new partner. The new profit-sharing ratio between Geeta, Sunita and Anita will be 5: 3: 2. Anita brought in Rs. 25,000 for his share of premium for goodwill. Pass necessary Journal entries for the treatment of goodwill. November 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Star Ltd. took over the assets of Rs. 6,60,000 and liabilities of Rs. 80,000 of Moon Ltd. for Rs. 6,00,000. Give necessary Journal entries in the books of Star Ltd. assuming that:Case (a): The purchase consideration was payable 10% in cash and the balance in 5,400; 12% Debentures of Rs. 100 each.Case (b): The purchase consideration was payable 10% in cash and the balance in 4,500; 12% Debentures of Rs. 100 each issued at 20% premium. July 16, 2022
Geeta and Sunita are partners in a firm sharing profits in the ratio of 3: 2. They admit Anita as a new partner. The new profit-sharing ratio between Geeta, Sunita and Anita will be 5: 3: 2. Anita brought in Rs. 25,000 for his share of premium for goodwill. Pass necessary Journal entries for the treatment of goodwill. November 3, 2022
