Define Trade Receivables. Post category:Accountancy Reading time:1 mins read SOLUTION Trade Receivables refers to the amount receivable against goods sold or services rendered in the normal course of business. 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 PostIf Operating Cycle is 12 months and payment is received in 15 months, how will you classify the asset? Next PostDefine Trade Payables. You Might Also Like A, B, C and D are partners in a firm sharing profits, in the ratio of 2: 1: 2: 1. On the retirement of C, Goodwill was valued Rs. 1,80,000. A, B and D decide to share future profits equally. Pass the necessary Journal entry for the treatment of goodwill. August 3, 2022 Name any two sub-line items (sub-headings) under which “Non-Current Assets” shall be classified in the Balance Sheet of a Company. September 30, 2022 Disha and Divya are partners in a firm sharing profits in the ratio of 3 : 2 respectively. The fixed capital of Disha is Rs. 4,80,000 and of Divya is Rs. 3,00,000. On 1st April, 2019 they admitted Hina as a new partner for 1/5th share in future profits. Hina brought Rs. 3,00,000 as her capital. Calculate value of goodwill of the firm and record necessary Journal entries on Hina’s admission. August 1, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B, C and D are partners in a firm sharing profits, in the ratio of 2: 1: 2: 1. On the retirement of C, Goodwill was valued Rs. 1,80,000. A, B and D decide to share future profits equally. Pass the necessary Journal entry for the treatment of goodwill. August 3, 2022
Name any two sub-line items (sub-headings) under which “Non-Current Assets” shall be classified in the Balance Sheet of a Company. September 30, 2022
Disha and Divya are partners in a firm sharing profits in the ratio of 3 : 2 respectively. The fixed capital of Disha is Rs. 4,80,000 and of Divya is Rs. 3,00,000. On 1st April, 2019 they admitted Hina as a new partner for 1/5th share in future profits. Hina brought Rs. 3,00,000 as her capital. Calculate value of goodwill of the firm and record necessary Journal entries on Hina’s admission. August 1, 2022