What is ‘Operating Cycle’? Post category:Accountancy Reading time:1 mins read SOLUTION ‘Operating Cycle’ is the time between the acquisition of assets for processing and their realisation in Cash and Cash Equivalents. 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 PostHow are the assets and liabilities of a Company usually marshalled? Next PostIn case Operating Cycle cannot be determined, what is the time period of operating cycle assumed? You Might Also Like Ruchika and Surekha entered into partnership with capitals of Rs. 30,00.000 and Rs. 15,00,000 respectively. They did not enter into partnership deed. At the end of accounting year, Ruchika claimed interest on capital @6% p.a. but Surekha convinced Ruchika that interest cannot be allowed on capital. Explain how Surekha would have convinced Ruchika? September 26, 2022 Why is it necessary to have a partnership deed? September 26, 2022 How will you show the following items in the Balance Sheet of a Company; (i) Calls in Arrears; (ii) Calls in Advance. September 30, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Ruchika and Surekha entered into partnership with capitals of Rs. 30,00.000 and Rs. 15,00,000 respectively. They did not enter into partnership deed. At the end of accounting year, Ruchika claimed interest on capital @6% p.a. but Surekha convinced Ruchika that interest cannot be allowed on capital. Explain how Surekha would have convinced Ruchika? September 26, 2022
How will you show the following items in the Balance Sheet of a Company; (i) Calls in Arrears; (ii) Calls in Advance. September 30, 2022