Give two examples of Cash Flows from Operating Activities. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Cash receipts from the sale of goods and rendering of services.(ii) Cash payments to suppliers for goods and services. 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 PostWhat is meant by Operating Activities? (C.B.S.E. 2020, Kerala) Next PostGive any two examples of cash inflows from operating activities other than cash receipts from sale of goods and rendering of services. (C.B.S.E. Sample Paper. 2018). You Might Also Like From the following information, determine Opening and Closing inventories: Inventory Turnover Ratio 5 Times, Total sales Rs. 2,00,000, Gross Profit Ratio 25%. Closing Inventory is more by Rs. 4,000 than the Opening Inventory. August 13, 2022 State with reason, whether the Proprietary Ratio will improve, decline or will not change because of the following transactions if Proprietary Ratio is 0.8: 1: (i) Obtained a loan of Rs. 5,00,000 from State Bank of India payable after five years. (ii) Purchased machinery of Rs. 2,00,000 by cheque. (iii) Redeemed 7% Redeemable Preference Shares Rs. 3,00,000. (iv) Issued equity shares to the vendor of building purchased for Rs. 7,00,000. (v) Redeemed 10% redeemable debentures of Rs. 6,00,000. August 13, 2022 A and B are partners in a firm sharing profits in the ratio of 2 : 1. They decided with effect from 1st April, 2018, that they would share profits in the ratio of 3 : 2. But, this decision was taken after the profit for the year ended 31st March, 2019 of Rs. 90,000 was distributed in the old ratio. The profits for the year ended 31st March, 2017 and 2018 were Rs. 60,000 and Rs. 75,000 respectively. It was decided that Goodwill Account will not be opened in the books of the firm and necessary adjustment be made through Capital Accounts which on 31st March, 2019 stood at Rs. 1,50,000 for A and Rs. 90,000 for B. Pass necessary Journal entries and prepare Capital Accounts. July 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
From the following information, determine Opening and Closing inventories: Inventory Turnover Ratio 5 Times, Total sales Rs. 2,00,000, Gross Profit Ratio 25%. Closing Inventory is more by Rs. 4,000 than the Opening Inventory. August 13, 2022
State with reason, whether the Proprietary Ratio will improve, decline or will not change because of the following transactions if Proprietary Ratio is 0.8: 1: (i) Obtained a loan of Rs. 5,00,000 from State Bank of India payable after five years. (ii) Purchased machinery of Rs. 2,00,000 by cheque. (iii) Redeemed 7% Redeemable Preference Shares Rs. 3,00,000. (iv) Issued equity shares to the vendor of building purchased for Rs. 7,00,000. (v) Redeemed 10% redeemable debentures of Rs. 6,00,000. August 13, 2022
A and B are partners in a firm sharing profits in the ratio of 2 : 1. They decided with effect from 1st April, 2018, that they would share profits in the ratio of 3 : 2. But, this decision was taken after the profit for the year ended 31st March, 2019 of Rs. 90,000 was distributed in the old ratio. The profits for the year ended 31st March, 2017 and 2018 were Rs. 60,000 and Rs. 75,000 respectively. It was decided that Goodwill Account will not be opened in the books of the firm and necessary adjustment be made through Capital Accounts which on 31st March, 2019 stood at Rs. 1,50,000 for A and Rs. 90,000 for B. Pass necessary Journal entries and prepare Capital Accounts. July 27, 2022