Give two examples of ‘significant non-cash transactions’. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Acquisition of fixed asset by issue of debentures or shares.(ii) Conversion of debentures into shares. 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 PostState why non-cash transactions are ignored while preparing a Cash Flow Statement? Next PostWhen is dividend received considered as operating activity? You Might Also Like What treatment is made of accumulated profits and losses on the retirement of partner? September 27, 2022 Nitya and Anand are partners in a firm sharing profits and losses in the ratio of 3: 2. With effect from 1st April, 2022, they decided to share future profits equally. On the date of change in the profit-sharing ratio, the Profit and Loss Account showed a credit balance of Rs. 1,50,000. Record the necessary Journal entry for the distribution of the balance in the Profit and Loss Account immediately before the change in the profit-sharing ratio. October 28, 2022 From the following Balance Sheet of Double Tree Ltd. as at 31st March, 2019 and additional information, calculate Operating Profit before Working Capital Changes: August 18, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
What treatment is made of accumulated profits and losses on the retirement of partner? September 27, 2022
Nitya and Anand are partners in a firm sharing profits and losses in the ratio of 3: 2. With effect from 1st April, 2022, they decided to share future profits equally. On the date of change in the profit-sharing ratio, the Profit and Loss Account showed a credit balance of Rs. 1,50,000. Record the necessary Journal entry for the distribution of the balance in the Profit and Loss Account immediately before the change in the profit-sharing ratio. October 28, 2022
From the following Balance Sheet of Double Tree Ltd. as at 31st March, 2019 and additional information, calculate Operating Profit before Working Capital Changes: August 18, 2022