Give any one example of an activity, which is an investing activity for even type of enterprise. (C.B.S.E. 2017, Comptt.) Post category:Accountancy Reading time:1 mins read SOLUTION Following are investing activity for every type of enterprise: Purchase of GoodwillPurchase of Fixed AssetsSale of Fixed Assets. 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 PostState with reason whether ‘Purchase of fixed asset on long term deferred payment’ would result in inflow, outflow or no flow of cash. Next PostGive an example of the activity which remains financing activity for every enterprise. (C.B.S.E. 2020, Mumbai, Chennai) You Might Also Like Does partnership firm has a separate legal entity? Give reason in support of your answer. (Delhi 2017) October 7, 2022 What is the formula for calculating sacrificing ratio? September 26, 2022 A, B and C are partners sharing profits and losses in the ratio of 3: 2: 1. B died on 30th June, 2021. For the year ended 31st March, 2022, proportionate profit of 2021 is to be taken into consideration. During the year ended 31st March, 2022, bad debts of Rs. 2,000 had to be adjusted. Profit for the year ended 31st March, 2021 was Rs. 14,000 before adjustment of bad debts. Calculate B’s share of profit till the date of his death. August 5, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Does partnership firm has a separate legal entity? Give reason in support of your answer. (Delhi 2017) October 7, 2022
A, B and C are partners sharing profits and losses in the ratio of 3: 2: 1. B died on 30th June, 2021. For the year ended 31st March, 2022, proportionate profit of 2021 is to be taken into consideration. During the year ended 31st March, 2022, bad debts of Rs. 2,000 had to be adjusted. Profit for the year ended 31st March, 2021 was Rs. 14,000 before adjustment of bad debts. Calculate B’s share of profit till the date of his death. August 5, 2022