Name any two items that can be disclosed under ‘Reserve and Surplus’. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Capital Reserve; (ii) Securities Premium Reserve. 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 two sub-line items (sub-headings) under which “Current Assets’’ shall be classified in the Balance Sheet of a Company. Next PostName any two items that can be disclosed under ‘Long-term Borrowings’. You Might Also Like Pass necessary Journal entries for the issue of Debentures in the following cases: (a) Rs. 40,000; 15% Debentures of Rs. 100 each issued at a discount of 10% redeemable at par. (b) Rs. 80,000; 15% Debentures of Rs. 100 each issued at a premium of 10% redeemable at a premium of 10%. July 18, 2022 ‘Shri Ltd.’ was carrying on a business of packaging in Delhi and earned good profits in the past years. The company wanted to expand its business and required additional funds. To meet its requirements the company issued equity shares of Rs. 30,00,000. It purchased a computerised machine of Rs. 20,00.000. It also purchased raw material amounting to Rs. 2,00,000. During the current year, the Net Profit of the company was Rs. 15,00,000. Find out ‘Cash Flow from Operating Activities’ from the above transactions. October 6, 2022 What is a Revaluation Account? September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Pass necessary Journal entries for the issue of Debentures in the following cases: (a) Rs. 40,000; 15% Debentures of Rs. 100 each issued at a discount of 10% redeemable at par. (b) Rs. 80,000; 15% Debentures of Rs. 100 each issued at a premium of 10% redeemable at a premium of 10%. July 18, 2022
‘Shri Ltd.’ was carrying on a business of packaging in Delhi and earned good profits in the past years. The company wanted to expand its business and required additional funds. To meet its requirements the company issued equity shares of Rs. 30,00,000. It purchased a computerised machine of Rs. 20,00.000. It also purchased raw material amounting to Rs. 2,00,000. During the current year, the Net Profit of the company was Rs. 15,00,000. Find out ‘Cash Flow from Operating Activities’ from the above transactions. October 6, 2022