Give two examples of finance companies. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Bank, (ii) Mutual Fund Company. 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 PostNet Increase / Decrease in cash and cash equivalents + Cash and Cash equivalents at the beginning of the period = ………………………. Next PostState why Cash Flow Statement is not a substitute for Income Statement? You Might Also Like A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2019, their Balance Sheet was as follows: July 26, 2022 At the time of admission of a partner, who decides what will be the share of profit of the new partner out of the firm’s profit? (Delhi 2013 C. CBSF. 2019 c) October 8, 2022 Akhil and Bimal are partners sharing profits in the ratio of 3: 2. Akhil gave loan to the firm of Rs. 1,00,000 on 1st October, 2021. On the same date, the firm gave loan to Bimal of Rs. 1,00 000. They do not have an agreement as to interest. Akhil had also given his personal property for firm’s godown at a monthly rent of Rs. 5,000. Firm earns profit of Rs. 1,03,000 (before above adjustments) for the year ended 31st March, 2022. Show the distribution of profit for the year. September 16, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2019, their Balance Sheet was as follows: July 26, 2022
At the time of admission of a partner, who decides what will be the share of profit of the new partner out of the firm’s profit? (Delhi 2013 C. CBSF. 2019 c) October 8, 2022
Akhil and Bimal are partners sharing profits in the ratio of 3: 2. Akhil gave loan to the firm of Rs. 1,00,000 on 1st October, 2021. On the same date, the firm gave loan to Bimal of Rs. 1,00 000. They do not have an agreement as to interest. Akhil had also given his personal property for firm’s godown at a monthly rent of Rs. 5,000. Firm earns profit of Rs. 1,03,000 (before above adjustments) for the year ended 31st March, 2022. Show the distribution of profit for the year. September 16, 2022
