List any two financing activities that will result into outflow of cash. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Redemption of Preference Shares/Buy-back of Equity Shares.(ii) Interest paid on borrowings. 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 Financing activities that result into inflow of cash. Next PostCash Flow from Operating Activities + Cash Flow from Investing Activities + Cash Flow from Financing Activities =…………………… You Might Also Like What is meant by ‘Liquidity of Business’? October 1, 2022 A and B are carrying on business in partnership and sharing profits and losses in the ratio of 3 : 2. Their Balance Sheet as at 31st March, 2019 stood as: August 1, 2022 P and Q were partners in a firm sharing profits and losses equally. Their fixed capitals were Rs. 2,00,000 and Rs. 3,00,000 respectively. The partnership deed provided for interest on capital @ 12% per annum. For the year ended 31st March, 2016, the profits of the firm were distributed without providing interest on capital. Pass necessary adjustment entry to rectify the error. (C.B.S.E. 2017, Outside Delhi) September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A and B are carrying on business in partnership and sharing profits and losses in the ratio of 3 : 2. Their Balance Sheet as at 31st March, 2019 stood as: August 1, 2022
P and Q were partners in a firm sharing profits and losses equally. Their fixed capitals were Rs. 2,00,000 and Rs. 3,00,000 respectively. The partnership deed provided for interest on capital @ 12% per annum. For the year ended 31st March, 2016, the profits of the firm were distributed without providing interest on capital. Pass necessary adjustment entry to rectify the error. (C.B.S.E. 2017, Outside Delhi) September 26, 2022