Name any two financial statements of a Company. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Statement of Profit & Loss and (ii) Balance Sheet. 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 PostWhat is the balance of Debenture Redemption Reserve transferred to General Reserve? Next PostWhat is the financial year in case of a Company? You Might Also Like Padam and Virender were partners in a firm with no partnership deed. Their drawings during the year ended 31st March, 2015 amounted to Rs. 5,00,000 and Rs. 2,00,000 respectively. Virender was of the opinion that the firm should drawings @ 6% p.a. However, Padam disagreed to it. Padam convinced Virender that interest cannot be charged on drawings. What argument must have been put forward by Padam that convinced Virender? September 26, 2022 Name any two items that can be disclosed under “Tangible Assets”. September 30, 2022 From the following particulars, calculate new profit-sharing ratio of the partners: (a) Shiv, Mohan and Hari were partners in a firm sharing profits in the ratio of 5: 5: 4. Mohan died and his share was taken equally between Shiv and Hari. (b) P, Q and R were partners sharing profits in the ratio of 5: 4: 1. P died from. August 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Padam and Virender were partners in a firm with no partnership deed. Their drawings during the year ended 31st March, 2015 amounted to Rs. 5,00,000 and Rs. 2,00,000 respectively. Virender was of the opinion that the firm should drawings @ 6% p.a. However, Padam disagreed to it. Padam convinced Virender that interest cannot be charged on drawings. What argument must have been put forward by Padam that convinced Virender? September 26, 2022
From the following particulars, calculate new profit-sharing ratio of the partners: (a) Shiv, Mohan and Hari were partners in a firm sharing profits in the ratio of 5: 5: 4. Mohan died and his share was taken equally between Shiv and Hari. (b) P, Q and R were partners sharing profits in the ratio of 5: 4: 1. P died from. August 4, 2022
