Dividend paid is classified under which kind of activity while preparing cash How statement? Post category:Accountancy Reading time:1 mins read SOLUTION 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 PostDo you think that Bank deposit with 100 days of maturity will be included in Cash and Cash Equivalents? Give reason. Next PostState why non-cash transactions are ignored while preparing a Cash Flow Statement? You Might Also Like A and B are partners in a firm sharing profits in the ratio of 3: 2. Mrs. B has given a loan of Rs. 40,000 to the firm and A has also given a loan of Rs. 80,000 to the firm. The firm was dissolved and its assets realised Rs. 60,000. State the order of payment of Mrs. B’s loan and A’s loan assuming that there was no other third-party liability of the firm. (CBSE 2019 C) October 8, 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 Distinguish between ‘Over-Subscription’ and ‘Under-Subscription’. September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A and B are partners in a firm sharing profits in the ratio of 3: 2. Mrs. B has given a loan of Rs. 40,000 to the firm and A has also given a loan of Rs. 80,000 to the firm. The firm was dissolved and its assets realised Rs. 60,000. State the order of payment of Mrs. B’s loan and A’s loan assuming that there was no other third-party liability of the firm. (CBSE 2019 C) October 8, 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
