On dissolution of a firm, where is cash in hand transferred? Post category:Accountancy Reading time:1 mins read SOLUTION On the Debit side of Cash Account. 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 PostOn dissolution of a firm, where are assets shown in the balance sheet transferred? Next PostIn the event of dissolution of a partnership firm, where is the provision for doubtful debts transferred? You Might Also Like In the absence of partnership deed, at which rate interest is allowed on a partner’s loan? September 23, 2022 Calculate Cost of Revenue from Operations from the following information: Revenue from Operations Rs. 12,00,000; Operating Ratio 75%; Operating Expenses Rs. 1,00,000. August 17, 2022 Nitya and Anand are partners in a firm sharing profits and losses in the ratio of 3: 2. With effect from 1st April, 2022, they decided to share future profits equally. On the date of change in the profit-sharing ratio, the Profit and Loss Account showed a credit balance of Rs. 1,50,000. Record the necessary Journal entry for the distribution of the balance in the Profit and Loss Account immediately before the change in the profit-sharing ratio. October 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
In the absence of partnership deed, at which rate interest is allowed on a partner’s loan? September 23, 2022
Calculate Cost of Revenue from Operations from the following information: Revenue from Operations Rs. 12,00,000; Operating Ratio 75%; Operating Expenses Rs. 1,00,000. August 17, 2022
Nitya and Anand are partners in a firm sharing profits and losses in the ratio of 3: 2. With effect from 1st April, 2022, they decided to share future profits equally. On the date of change in the profit-sharing ratio, the Profit and Loss Account showed a credit balance of Rs. 1,50,000. Record the necessary Journal entry for the distribution of the balance in the Profit and Loss Account immediately before the change in the profit-sharing ratio. October 28, 2022
