Name any one line item that can be shown under the major heading “Assets” in a Company’s Balance Sheet. Post category:Accountancy Reading time:1 mins read SOLUTION Any one of the following:(i) Non-Current Assets.(ii) Current Assets. 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 PostName any one line item that can be shown under the major heading “Equity and Liabilities” in a Company’s Balance Sheet. Next PostName any two sub-line items (sub-headings) under which “Shareholder’s Funds” shall be classified in a Company’s Balance Sheet. You Might Also Like Classify debentures from the point of view of security. September 29, 2022 A, B, and C are partners sharing profits in the ratio of 5: 3: 2. C died and his share is taken by A. Calculate new profit-sharing ratio of A and B. August 4, 2022 A and B are partners in a firm sharing profits in the ratio of 3: 2. Mrs. B has given a loan of Rs. 40,000 to the firm and A has also given a loan of Rs. 80,000 to the firm. The firm was dissolved and its assets realised Rs. 60,000. State the order of payment of Mrs. B’s loan and A’s loan assuming that there was no other third-party liability of the firm. (CBSE 2019 C) October 8, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B, and C are partners sharing profits in the ratio of 5: 3: 2. C died and his share is taken by A. Calculate new profit-sharing ratio of A and B. August 4, 2022
A and B are partners in a firm sharing profits in the ratio of 3: 2. Mrs. B has given a loan of Rs. 40,000 to the firm and A has also given a loan of Rs. 80,000 to the firm. The firm was dissolved and its assets realised Rs. 60,000. State the order of payment of Mrs. B’s loan and A’s loan assuming that there was no other third-party liability of the firm. (CBSE 2019 C) October 8, 2022