Mention two items that may appear on the credit side of a Partner’s Fixed Capital Account. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Opening Balance of Capital, and (ii) Additional Capital Introduced. 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 PostMention two items that may appear on the debit side of a Partner’s Fixed Capital Account. Next PostList any two items that may appear on the debit side of the Capital Account of a partner when the capitals are fluctuating. You Might Also Like What is meant by registered debenture? September 29, 2022 Bharat Ltd. was incorporated with a capital of Rs. 2,00,000 divided into shares of Rs. 10 each. 2,000 shares were offered for subscription and out of these, 1,800 shares were applied for and allotted. Rs. 3 per share (including Rs. 1 premium) was payable on application, Rs. 4 per share (including Rs. 1 premium) on allotment, Rs. 2 per share on first call and Rs. 3 per share on final call. All the money was received. Give necessary Journal entries and show share capital in the Balance Sheet. July 13, 2022 If Trade Receivables Turnover Ratio is more than the norm set for it, what will it indicate? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Bharat Ltd. was incorporated with a capital of Rs. 2,00,000 divided into shares of Rs. 10 each. 2,000 shares were offered for subscription and out of these, 1,800 shares were applied for and allotted. Rs. 3 per share (including Rs. 1 premium) was payable on application, Rs. 4 per share (including Rs. 1 premium) on allotment, Rs. 2 per share on first call and Rs. 3 per share on final call. All the money was received. Give necessary Journal entries and show share capital in the Balance Sheet. July 13, 2022
If Trade Receivables Turnover Ratio is more than the norm set for it, what will it indicate? October 3, 2022