Give one limitation of Cash How Statement. Post category:Accountancy Reading time:1 mins read SOLUTION It ignores non cash transactions such as issue of shares against purchase of fixed assets or conversion of debentures into shares. 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 any two advantages of preparing Cash Flow Statement. Next PostWhat is meant by the term ‘Cash Flows’? (C.B.S.E. 2020, Kerala) You Might Also Like X, Y and Z are partners sharing profits and losses equally. As per Partnership Deed, Z is entitled to a commission of 10% on the net profit after charging such commission. The net profit before charging commission is Rs. 2,20,000. Determine the amount of commission payable to Z. July 21, 2022 Determine the maximum permissible discount which a company can allow at the time of reissue of forfeited shares in the following cases: (i) A share of Rs. 100 originally issued at par on which application and allotment money of Rs. 60 has been received. (ii) A share of Rs. 100 originally issued at a premium of Rs. 20 on which application and allotment money (including premium) of Rs. 60 has been received. (iii) A share of Rs. 100 originally issued at a premium of Rs. 20 on which application and allotment money (excluding premium) of Rs. 60 has been received. September 29, 2022 What is Operating Profit? How is it calculated? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
X, Y and Z are partners sharing profits and losses equally. As per Partnership Deed, Z is entitled to a commission of 10% on the net profit after charging such commission. The net profit before charging commission is Rs. 2,20,000. Determine the amount of commission payable to Z. July 21, 2022
Determine the maximum permissible discount which a company can allow at the time of reissue of forfeited shares in the following cases: (i) A share of Rs. 100 originally issued at par on which application and allotment money of Rs. 60 has been received. (ii) A share of Rs. 100 originally issued at a premium of Rs. 20 on which application and allotment money (including premium) of Rs. 60 has been received. (iii) A share of Rs. 100 originally issued at a premium of Rs. 20 on which application and allotment money (excluding premium) of Rs. 60 has been received. September 29, 2022