What will be the effect of purchase of goods for cash Rs. 3,000 on Gross Profit Ratio? (C.B.S.E. 2020; Kolkata. Lucknow) Post category:Accountancy Reading time:1 mins read SOLUTION No Effect. 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 is the difference between ‘Operating Profit’ and ‘Net Profit’? Next Post‘Purchase of goods Rs. 35,000 for cash will increase the operating ratio.’ Is the statement correct? Give reasons. You Might Also Like ‘Complete the following Statement’: When a liability is discharged by a partner, at the time of dissolution, Capital Account is credited because__. (C.B.S.E. Sample Paper 2019) October 8, 2022 List any two items that may appear on the credit side of the Capital Account of a partner when the capitals are fluctuating. September 23, 2022 XYZ Ltd. issued 5,000, 10% Debentures of Rs. 100 each on 1st April, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. Give journal entries for the year ended 31st March, 2016, assuming that the interest was payable half-yearly on 30th September and 31st March. Tax is to be deducted @ 10%. July 18, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
‘Complete the following Statement’: When a liability is discharged by a partner, at the time of dissolution, Capital Account is credited because__. (C.B.S.E. Sample Paper 2019) October 8, 2022
List any two items that may appear on the credit side of the Capital Account of a partner when the capitals are fluctuating. September 23, 2022
XYZ Ltd. issued 5,000, 10% Debentures of Rs. 100 each on 1st April, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. Give journal entries for the year ended 31st March, 2016, assuming that the interest was payable half-yearly on 30th September and 31st March. Tax is to be deducted @ 10%. July 18, 2022
