How will you treat decrease in prepaid expenses in the cash How from operating activities? Post category:Accountancy Reading time:1 mins read SOLUTION Decrease in prepaid expenses will be added to operating profit while calculating cash flow from operating activities. 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 PostWhy do we add back preliminary expenses to net profit while calculating cash flows from operating activities? Next PostWhat adjustments are required for decrease or increase in Trade Payables/bills payable while calculating ‘Cash flow from operating activities’? You Might Also Like Light Lamps Ltd. issued 50,000 shares of Rs. 10 each as fully paid-up to the promoters for their services to set-up the company. It also issued 2,000 shares of Rs. 10 each credited as fully paid-up to the underwriters of shares for their services. journalise these transactions July 14, 2022 Why does a firm revaluate its assets and reassess its liabilities on retirement or death of a partner? (Foreign 2014) October 8, 2022 A and B are partners sharing profits and losses in the ratio of 2 : 5. They admit C on the condition that he will bring Rs. 14,000 as his share of goodwill to be distributed between A and B. C’s share in the future profits or losses will be 1/4th. What will be the new profit-sharing ratio and what amount of goodwill brought in by C will be received by A and B? August 1, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Light Lamps Ltd. issued 50,000 shares of Rs. 10 each as fully paid-up to the promoters for their services to set-up the company. It also issued 2,000 shares of Rs. 10 each credited as fully paid-up to the underwriters of shares for their services. journalise these transactions July 14, 2022
Why does a firm revaluate its assets and reassess its liabilities on retirement or death of a partner? (Foreign 2014) October 8, 2022
A and B are partners sharing profits and losses in the ratio of 2 : 5. They admit C on the condition that he will bring Rs. 14,000 as his share of goodwill to be distributed between A and B. C’s share in the future profits or losses will be 1/4th. What will be the new profit-sharing ratio and what amount of goodwill brought in by C will be received by A and B? August 1, 2022