Normally, what should he the maturity period for a short-term investment from the date of its acquisition to be qualified as cash equivalents? (C.B.S.E. 2017) Post category:Accountancy Reading time:1 mins read SOLUTION Three months or less. 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 PostKartik Mutuals, a mutual fund company, provides you the following information: Next PostWill ‘acquisition of machinery by issue of equity shares’ be considered while preparing ‘Cash Flow Statement’? Give reason in support of your answer. You Might Also Like How will you deal increase in the balance of ‘Securities Premium’ while preparing a Cash Flow Statement? October 4, 2022 Adil and Bhavya are partners sharing profits and losses in the ratio of 7: 5. They admit Cris, their manager, into partnership who is to get 1/6th share in the business. Cris brings in Rs. 1,00,000 for his capital and Rs. 36,000 for the 1/6th share of goodwill which he acquires 1/24th from Adil and 1/8th from Bhavya. Profits for the first year of the new partnership was Rs. 2,40,000. Pass necessary Journal entries for Cris’s admission and apportion the profit between the partners. November 3, 2022 What is Sacrificing Ratio? September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
How will you deal increase in the balance of ‘Securities Premium’ while preparing a Cash Flow Statement? October 4, 2022
Adil and Bhavya are partners sharing profits and losses in the ratio of 7: 5. They admit Cris, their manager, into partnership who is to get 1/6th share in the business. Cris brings in Rs. 1,00,000 for his capital and Rs. 36,000 for the 1/6th share of goodwill which he acquires 1/24th from Adil and 1/8th from Bhavya. Profits for the first year of the new partnership was Rs. 2,40,000. Pass necessary Journal entries for Cris’s admission and apportion the profit between the partners. November 3, 2022