State why non-cash transactions are ignored while preparing a Cash Flow Statement? Post category:Accountancy Reading time:1 mins read SOLUTION Because Non-Cash transactions do not affect Cash whereas Cash Flow Statement show’s only inflows and outflows of Cash and Cash equivalents. 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 PostDividend paid is classified under which kind of activity while preparing cash How statement? Next PostGive two examples of ‘significant non-cash transactions’. You Might Also Like Pass the necessary journal entry when 10,000 debentures of Rs. 100 each are issued as collateral security against a Bank Loan of Rs. 8,00,000. September 29, 2022 What journal entry’ will be recorded for deceased partner’s share in profit from the closure of last balance sheet till the date of his death? September 27, 2022 Ashok and Bhaskar are partners in a firm sharing profits in the ratio of 3: 2. They admitted Chaman as a partner for 1/4th share of profits. At the time of admission of Chaman, Debtors and Provision for Doubtful Debts appeared at Rs. 76,000 and Rs. 8,000 respectively. Rs. 6,000 of the debtors proved bad. A provision of 5% is to be created on Sundry Debtors for doubtful debts. Pass the necessary Journal entries. November 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Pass the necessary journal entry when 10,000 debentures of Rs. 100 each are issued as collateral security against a Bank Loan of Rs. 8,00,000. September 29, 2022
What journal entry’ will be recorded for deceased partner’s share in profit from the closure of last balance sheet till the date of his death? September 27, 2022
Ashok and Bhaskar are partners in a firm sharing profits in the ratio of 3: 2. They admitted Chaman as a partner for 1/4th share of profits. At the time of admission of Chaman, Debtors and Provision for Doubtful Debts appeared at Rs. 76,000 and Rs. 8,000 respectively. Rs. 6,000 of the debtors proved bad. A provision of 5% is to be created on Sundry Debtors for doubtful debts. Pass the necessary Journal entries. November 3, 2022