What does activity ratio show? (C.B.S.E. 2016) Post category:Accountancy Reading time:1 mins read SOLUTION Activity ratio shows the rapidity with which assets of the business are being means utilised. 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 does Total Assets to Debt Ratio indicate? Next PostName two important activity ratios. You Might Also Like What is the basis of calculation of deceased partner’s share of profit from the date of last balance sheet to the date of his death? (C.B.S.E. 2019.Kerala) September 27, 2022 Star Ltd. forfeited 500 Equity Shares of Rs. 100 each for non-payment of first call of Rs. 30 per share. The final call of Rs. 10 per share was not yet made. Out of these, 60% shares were reissued for Rs. 39,000 fully paid. journalise the forfeiture and reissue of shares. July 14, 2022 Karan, Nakul and Asha were partners in a firm sharing profits and losses in the ratio 3: 2: 1. At the time of admission of a partner, the goodwill of the firm was valued at Rs. 2,00,000. The accountant of the firm passed the entry in the books of accounts and thereafter showed goodwill Rs. 2,00,000 as an asset in the Balance Sheet Is he correct in doing so? Why? (C.B.S.E Sample Paper, 2015) September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
What is the basis of calculation of deceased partner’s share of profit from the date of last balance sheet to the date of his death? (C.B.S.E. 2019.Kerala) September 27, 2022
Star Ltd. forfeited 500 Equity Shares of Rs. 100 each for non-payment of first call of Rs. 30 per share. The final call of Rs. 10 per share was not yet made. Out of these, 60% shares were reissued for Rs. 39,000 fully paid. journalise the forfeiture and reissue of shares. July 14, 2022
Karan, Nakul and Asha were partners in a firm sharing profits and losses in the ratio 3: 2: 1. At the time of admission of a partner, the goodwill of the firm was valued at Rs. 2,00,000. The accountant of the firm passed the entry in the books of accounts and thereafter showed goodwill Rs. 2,00,000 as an asset in the Balance Sheet Is he correct in doing so? Why? (C.B.S.E Sample Paper, 2015) September 27, 2022