When is interest received considered as financing activity? Post category:Accountancy Reading time:1 mins read SOLUTION Interest received on Calls-in-arrear by a Company is considered as financing 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 PostWhen is dividend received considered as operating activity? Next Post“Loans and advances granted’ by a company will be considered, as which type of activity while preparing Cash Flow Statement. (C.B.S.E. 2018, Comptt.) You Might Also Like Ananya Ltd. purchased an established business for Rs. 2,00,000 payables as Rs. 65,000 by cheque and the balance by issuing 9% Debentures of Rs. 100 each at a discount of 10%. Give journal entries in the books of Ananya Ltd. July 16, 2022 Rahul, Sahil and Jatin were partners in a firm sharing profits and losses in the ratio of 4: 3: 2. Rahul died on 15th October, 2017. At that time, the capitals of Sahil and Jatin after all the adjustments were Rs. 3,56,000 and Rs. 2,44,000 respectively. Sahil and Jatin decided to adjust their capital according to their new profit-sharing ratio by opening current accounts. Calculate the new Capitals of Sahil and Jatin. (C.B.S.E. 2020; Mumbai, Chennai) September 27, 2022 Mohit Ltd. issued 2,000; 9% Debentures of Rs. 100 each on the following terms: Rs.20 on applications; Rs. 20 on allotment; Rs. 30 on first call; Rs. 30 on final call. The public applied for 2,400 debentures. Applications for 1,800 debentures were accepted in full. Applications for 400 debentures were allotted 200 debentures and applications for 200 debentures were rejected. Pass necessary Journal entries. July 16, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Ananya Ltd. purchased an established business for Rs. 2,00,000 payables as Rs. 65,000 by cheque and the balance by issuing 9% Debentures of Rs. 100 each at a discount of 10%. Give journal entries in the books of Ananya Ltd. July 16, 2022
Rahul, Sahil and Jatin were partners in a firm sharing profits and losses in the ratio of 4: 3: 2. Rahul died on 15th October, 2017. At that time, the capitals of Sahil and Jatin after all the adjustments were Rs. 3,56,000 and Rs. 2,44,000 respectively. Sahil and Jatin decided to adjust their capital according to their new profit-sharing ratio by opening current accounts. Calculate the new Capitals of Sahil and Jatin. (C.B.S.E. 2020; Mumbai, Chennai) September 27, 2022
Mohit Ltd. issued 2,000; 9% Debentures of Rs. 100 each on the following terms: Rs.20 on applications; Rs. 20 on allotment; Rs. 30 on first call; Rs. 30 on final call. The public applied for 2,400 debentures. Applications for 1,800 debentures were accepted in full. Applications for 400 debentures were allotted 200 debentures and applications for 200 debentures were rejected. Pass necessary Journal entries. July 16, 2022