State whether conversion of debentures into equity shares by a financing company will result in inflow’, outflow’ or no flow’ of cash. Post category:Accountancy Reading time:1 mins read SOLUTION No Flow, because Cash is not affected. 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 PostWhile preparing a Cash Flow Statement, ‘Payment of bonus to the employees’ by an insurance company is which type of activity? (C.B.S.E. 2015) Next PostState whether the payment of Cash to Trade Payables will result in inflow, outflow’ or no flow of Cash. You Might Also Like Ashish and Aakash are partners sharing profit in the ratio of 3: 2. Their Capital Accounts showed a credit balance of Rs. 5,00,000 and Rs. 6,00,000 respectively as on 31st March, 2019 after debit of drawings during the year of Rs. 1,50,000 and Rs. 1,00,000 respectively. Net profit for the year ended 31st March, 2019 was Rs. 5,00,000. Interest on capital is to be allowed @ 10% p.a. Pass the Journal entry for interest on capital and prepare Profit and Loss Appropriation Account. July 21, 2022 A firm had Current Assets of Rs. 5,00,000. It paid Current Liabilities of Rs. 1,00,000 and the Current Ratio became 2: 1. Determine Current Liabilities and Working Capital before and after the payment was made. August 12, 2022 What is Working Capital? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Ashish and Aakash are partners sharing profit in the ratio of 3: 2. Their Capital Accounts showed a credit balance of Rs. 5,00,000 and Rs. 6,00,000 respectively as on 31st March, 2019 after debit of drawings during the year of Rs. 1,50,000 and Rs. 1,00,000 respectively. Net profit for the year ended 31st March, 2019 was Rs. 5,00,000. Interest on capital is to be allowed @ 10% p.a. Pass the Journal entry for interest on capital and prepare Profit and Loss Appropriation Account. July 21, 2022
A firm had Current Assets of Rs. 5,00,000. It paid Current Liabilities of Rs. 1,00,000 and the Current Ratio became 2: 1. Determine Current Liabilities and Working Capital before and after the payment was made. August 12, 2022