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 (a) W, X, Y and Z are partners sharing profits and losses in the ratio of 1/3, 1/6, 1/3 and 1/6 respectively. Y died and W, X and Z decide to share the profits and losses equally in future. Calculate gaining ratio. (b) A, B and C are partners sharing profits and losses in the ratio of 4: 3: 2. C died. A is acquiring 4/9 of C’s share and balance is acquired by B. Calculate the new profit-sharing ratio and gaining ratio. August 4, 2022 Define Trade Payables. September 30, 2022 A and B are partners. The net divisible profit as per Profit and Loss Appropriation A/c is Rs. 2,50,000. The total interest on partner’s drawings is Rs. 4,000. A’s salary is Rs. 4,000 per quarter and B’ s salary is Rs. 40,000 per annum. Calculate the net profit / loss earned during the year. (C.B.S.E. Sample Paper, 2017) September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
(a) W, X, Y and Z are partners sharing profits and losses in the ratio of 1/3, 1/6, 1/3 and 1/6 respectively. Y died and W, X and Z decide to share the profits and losses equally in future. Calculate gaining ratio. (b) A, B and C are partners sharing profits and losses in the ratio of 4: 3: 2. C died. A is acquiring 4/9 of C’s share and balance is acquired by B. Calculate the new profit-sharing ratio and gaining ratio. August 4, 2022
A and B are partners. The net divisible profit as per Profit and Loss Appropriation A/c is Rs. 2,50,000. The total interest on partner’s drawings is Rs. 4,000. A’s salary is Rs. 4,000 per quarter and B’ s salary is Rs. 40,000 per annum. Calculate the net profit / loss earned during the year. (C.B.S.E. Sample Paper, 2017) September 26, 2022