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 Ltd. forfeited a share of Rs. 100 issued at a premium of 20% for non-payment of first call of Rs. 30 per share and final call of Rs. 10 per share. State the minimum price at which this share can be reissued. (C.B.S.E. Sample Paper. 2017) September 29, 2022 What is meant by Profitability Ratios? October 3, 2022 X, Y and Z were partners in a firm. Z died on 31st May, 2020. His share of profit from the closure of the last accounting year till the date of death was to be calculated on the basis of the average of three completed years of before death. Profits for the year ended 31st March, 2018, 2019 and 2020 were Rs. 18,000, Rs. 19,000 and Rs. 17,000 respectively. Calculate Z’s share of profit till his death and pass necessary Journal entry for the same when: (a) there is no change in profit-sharing ratio of remaining partners, and (b) there is change in profit-sharing ratio of remaining partners, new ratio being 3: 2. August 5, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A Ltd. forfeited a share of Rs. 100 issued at a premium of 20% for non-payment of first call of Rs. 30 per share and final call of Rs. 10 per share. State the minimum price at which this share can be reissued. (C.B.S.E. Sample Paper. 2017) September 29, 2022
X, Y and Z were partners in a firm. Z died on 31st May, 2020. His share of profit from the closure of the last accounting year till the date of death was to be calculated on the basis of the average of three completed years of before death. Profits for the year ended 31st March, 2018, 2019 and 2020 were Rs. 18,000, Rs. 19,000 and Rs. 17,000 respectively. Calculate Z’s share of profit till his death and pass necessary Journal entry for the same when: (a) there is no change in profit-sharing ratio of remaining partners, and (b) there is change in profit-sharing ratio of remaining partners, new ratio being 3: 2. August 5, 2022
