How will you classify deposits by customers in Axis Bank? Post category:Accountancy Reading time:1 mins read SOLUTION It Will be classified as operating activities. 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 PostHow will you classify loans given by Tata Finance Company? Next PostDividend paid by a finance company is classified under which kind of activity while preparing Cash flow statement? (C.B.S.E. 2019) You Might Also Like Why are “Reserves & Surplus” distributed at the time of reconstitution of the firm? September 26, 2022 Madan and Gopal are partners sharing profits in the ratio of 3 : 2. They admit Sooraj for 1/3rd share in profits on 1st April, 2019. They also decide to share future profits equally. Goodwill of the firm was valued at Rs. 5,50,000. Goodwill existed in the books of account at Rs. 1,00,000, which the partners decide to carry forward. Sooraj is unable to bring his share of goodwill. Pass the necessary Journal entries on admission of Sooraj, if: (a) Goodwill is not to be raised and written off; and (b) Goodwill is to be raised and written off. August 1, 2022 State why non-cash transactions are ignored while preparing a Cash Flow Statement? October 6, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Why are “Reserves & Surplus” distributed at the time of reconstitution of the firm? September 26, 2022
Madan and Gopal are partners sharing profits in the ratio of 3 : 2. They admit Sooraj for 1/3rd share in profits on 1st April, 2019. They also decide to share future profits equally. Goodwill of the firm was valued at Rs. 5,50,000. Goodwill existed in the books of account at Rs. 1,00,000, which the partners decide to carry forward. Sooraj is unable to bring his share of goodwill. Pass the necessary Journal entries on admission of Sooraj, if: (a) Goodwill is not to be raised and written off; and (b) Goodwill is to be raised and written off. August 1, 2022
