What does activity ratio show? (C.B.S.E. 2016) Post category:Accountancy Reading time:1 mins read SOLUTION Activity ratio shows the rapidity with which assets of the business are being means utilised. 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 does Total Assets to Debt Ratio indicate? Next PostName two important activity ratios. You Might Also Like A and B were partners in a firm sharing profits and losses in the ratio of 3 : 2. They admitted C as a new partner for 3/7th share in the profit and the new profit-sharing ratio will be 2 : 2 : 3. C brought Rs. 2,00,000 as his capital and Rs. 1,50,000 as premium for goodwill. Half of their share of premium was withdrawn by A and B from the firm. Calculate sacrificing ratio and pass necessary Journal entries for the above transactions in the books of the firm. August 1, 2022 What is Working Capital? October 3, 2022 What entry is passed when an asset is given to a Creditor in full settlement of his dues? September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A and B were partners in a firm sharing profits and losses in the ratio of 3 : 2. They admitted C as a new partner for 3/7th share in the profit and the new profit-sharing ratio will be 2 : 2 : 3. C brought Rs. 2,00,000 as his capital and Rs. 1,50,000 as premium for goodwill. Half of their share of premium was withdrawn by A and B from the firm. Calculate sacrificing ratio and pass necessary Journal entries for the above transactions in the books of the firm. August 1, 2022
What entry is passed when an asset is given to a Creditor in full settlement of his dues? September 27, 2022