“Loans and advances granted’ by a company will be considered, as which type of activity while preparing Cash Flow Statement. (C.B.S.E. 2018, Comptt.) Post category:Accountancy Reading time:1 mins read SOLUTION Investing Activity. 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 PostWhen is interest received considered as financing activity? Next PostHow will you classify loans given by Tata Finance Company? You Might Also Like A, B and C are partners in a firm. Their profit-sharing ratio is 2: 2: 1. C is guaranteed a minimum of Rs. 1,00,000 as share of profit every year. Any deficiency arising on that amount shall be met by B. The profits for the two years ended 31st March, 2021 and 2022 were Rs. 4,00,000 and Rs. 6,00,000 respectively. Prepare Profit and Loss Appropriation Account for the two years. October 11, 2022 What is meant by ‘Redeemable Debenture’? September 29, 2022 150 shares of Rs. 10 each issued at a premium of Rs. 4 per share payable with allotment were forfeited for non-payment of allotment money of Rs. 8 per share including premium. The first and final call of Rs. 4 per Pass Journal entries in the books of X Ltd. for the above. July 15, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B and C are partners in a firm. Their profit-sharing ratio is 2: 2: 1. C is guaranteed a minimum of Rs. 1,00,000 as share of profit every year. Any deficiency arising on that amount shall be met by B. The profits for the two years ended 31st March, 2021 and 2022 were Rs. 4,00,000 and Rs. 6,00,000 respectively. Prepare Profit and Loss Appropriation Account for the two years. October 11, 2022
150 shares of Rs. 10 each issued at a premium of Rs. 4 per share payable with allotment were forfeited for non-payment of allotment money of Rs. 8 per share including premium. The first and final call of Rs. 4 per Pass Journal entries in the books of X Ltd. for the above. July 15, 2022