Under which type of activity will you classify ‘Commission and Royalty Received’ while preparing Cash Flow Statement? Post category:Accountancy Reading time:1 mins read SOLUTION Operating Activity. 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 PostUnder which type of activity will you classify ‘Refund of Income Tax received’ while preparing the Cash Flow Statement? Next PostHow will you treat Bank Overdraft in a Cash Flow Statement? (C.B.S.E. 2015) You Might Also Like From the following information, calculate Total Assets to Debt Ratio: August 13, 2022 X and Y are partners sharing profits in the ratio of 2 : 1. On 31st March, 2019, their Balance Sheet showed General Reserve of Rs. 60,000. It was decided that in future they will share profits and losses in the ratio of 3 : 2. Pass necessary Journal entry in each of the following alternative cases: (i) When General Reserve is not to be shown in the new Balance Sheet. (ii) When General Reserve is to be shown in the new Balance Sheet. July 27, 2022 Give two items which may appear on the debit side of Partner’s Current Account. (Delhi and AI 2018 C) October 7, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
X and Y are partners sharing profits in the ratio of 2 : 1. On 31st March, 2019, their Balance Sheet showed General Reserve of Rs. 60,000. It was decided that in future they will share profits and losses in the ratio of 3 : 2. Pass necessary Journal entry in each of the following alternative cases: (i) When General Reserve is not to be shown in the new Balance Sheet. (ii) When General Reserve is to be shown in the new Balance Sheet. July 27, 2022
Give two items which may appear on the debit side of Partner’s Current Account. (Delhi and AI 2018 C) October 7, 2022
