Name any two items that can be disclosed under ‘Long-term Borrowings’. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Bonds / Debentures; (ii) Term- Loans. 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 PostName any two items that can be disclosed under ‘Reserve and Surplus’. Next PostName any two items that can be disclosed under ‘Short-term Provisions”. You Might Also Like What will be the impact of ‘Payment to Trade Payables’ on Trade Payables turnover ratio? State with reason. October 3, 2022 Mandeep, Vinod and Abbas are partners sharing profits and losses in the ratio of 3: 2: 1. From 1st April, 2022 they decided to share profits equally. The Partnership Deed provides that in the event of any change in profit-sharing ratio, goodwill shall be valued at three years’ purchase of average profit of last five years. The profits and losses of past five years are: Profit: Year ended 31st March, 2018: Rs. 1,00,000; 2019: Rs. 1,50,000; 2021: Rs. 2,00,000; 2022: Rs. 2,00,000. Loss: Year ended 31st March, 2020: Rs. 50,000. Pass the Journal entry showing the working. October 18, 2022 How do you treat profit or loss on sale of fixed assets for calculating Cash flow from operating activities? October 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
What will be the impact of ‘Payment to Trade Payables’ on Trade Payables turnover ratio? State with reason. October 3, 2022
Mandeep, Vinod and Abbas are partners sharing profits and losses in the ratio of 3: 2: 1. From 1st April, 2022 they decided to share profits equally. The Partnership Deed provides that in the event of any change in profit-sharing ratio, goodwill shall be valued at three years’ purchase of average profit of last five years. The profits and losses of past five years are: Profit: Year ended 31st March, 2018: Rs. 1,00,000; 2019: Rs. 1,50,000; 2021: Rs. 2,00,000; 2022: Rs. 2,00,000. Loss: Year ended 31st March, 2020: Rs. 50,000. Pass the Journal entry showing the working. October 18, 2022
How do you treat profit or loss on sale of fixed assets for calculating Cash flow from operating activities? October 4, 2022
