When is dividend received considered as operating activity? Post category:Accountancy Reading time:1 mins read SOLUTION Dividend received in case of a finance company is considered as an operating activity. 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 PostGive two examples of ‘significant non-cash transactions’. Next PostWhen is interest received considered as financing activity? You Might Also Like X and Y are partners sharing profits and losses in the ratio of 2: 3 with capitals Rs. 2,00,000 and Rs. 3,00,000 respectively. On 1st October, 2018, X and Y gave loans of Rs. 80,000 and Rs. 40,000 respectively to the firm. Show distribution of profits/losses for the year ended 31st March, 2019 in each of the following alternative cases: Case 1: If the profits before interest for the year amounted to Rs. 21,000. Case 2: If the profits before interest for the year amounted to Rs. 3,000. Case 3: If the profits before interest for the year amounted to Rs. 5,000. Case 4: If the loss before interest for the year amounted to Rs. 1,400. July 20, 2022 State with reason whether ‘Short term deposits in Banks’ will result in inflow, outflow or no flow of cash. October 6, 2022 Vinay and Naman are partners sharing profits in the ratio of 4: 1. Their capitals were Rs. 80,000 and Rs. 60,000 respectively. Reserve appeared in the books at Rs. 20,000. They admitted Prateek for 1 / 3 share in the profits. Prateek brought Rs. 1,00,000 as his capital. Calculate the value of firm’s goodwill. (C.B.S.E Comptt. 2018) September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
X and Y are partners sharing profits and losses in the ratio of 2: 3 with capitals Rs. 2,00,000 and Rs. 3,00,000 respectively. On 1st October, 2018, X and Y gave loans of Rs. 80,000 and Rs. 40,000 respectively to the firm. Show distribution of profits/losses for the year ended 31st March, 2019 in each of the following alternative cases: Case 1: If the profits before interest for the year amounted to Rs. 21,000. Case 2: If the profits before interest for the year amounted to Rs. 3,000. Case 3: If the profits before interest for the year amounted to Rs. 5,000. Case 4: If the loss before interest for the year amounted to Rs. 1,400. July 20, 2022
State with reason whether ‘Short term deposits in Banks’ will result in inflow, outflow or no flow of cash. October 6, 2022
Vinay and Naman are partners sharing profits in the ratio of 4: 1. Their capitals were Rs. 80,000 and Rs. 60,000 respectively. Reserve appeared in the books at Rs. 20,000. They admitted Prateek for 1 / 3 share in the profits. Prateek brought Rs. 1,00,000 as his capital. Calculate the value of firm’s goodwill. (C.B.S.E Comptt. 2018) September 27, 2022