On firm’s dissolution, which account should he prepared at the last? Post category:Accountancy Reading time:1 mins read SOLUTION Cash / Bank Account. 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 will the Realisation Account closed, if it discloses a loss? Next PostOn firm’s dissolution, what entry will be made on realisation of goodwill which was shown in Balance Sheet? You Might Also Like Compute Cash Flow from Operating Activities from the following: (i) Profit for the year ended 31st March, 2019 is Rs. 10,000 after providing for depreciation of Rs. 2,000. (ii) Current Assets and Current Liabilities of the business for the year ended 31st March, 2018 and 2019 are as follows: August 18, 2022 S, T and U were partners in a firm. They admitted V as anew partner. S and T sacrificed 1 / 3rd and 1 / 4th of their share respectively in favour of V. Calculate the new profit-sharing ratio of S, T, U and V. (C.B.S.E. 2019, Chennai) September 27, 2022 Give the two main rights acquired by the new partner. September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Compute Cash Flow from Operating Activities from the following: (i) Profit for the year ended 31st March, 2019 is Rs. 10,000 after providing for depreciation of Rs. 2,000. (ii) Current Assets and Current Liabilities of the business for the year ended 31st March, 2018 and 2019 are as follows: August 18, 2022
S, T and U were partners in a firm. They admitted V as anew partner. S and T sacrificed 1 / 3rd and 1 / 4th of their share respectively in favour of V. Calculate the new profit-sharing ratio of S, T, U and V. (C.B.S.E. 2019, Chennai) September 27, 2022