How will you classify loans given by Tata Finance Company? 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 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.) Next PostHow will you classify deposits by customers in Axis Bank? You Might Also Like Why is it necessary to revalue assets and liabilities of a firm in case of admission of a partner? (C.B.S.E. Sample Paper 2018) October 8, 2022 The Quick Ratio of a company is 0.8: 1. State with reason, whether the following transactions will increase, decrease or not change the Quick Ratio: (i) Purchase of loose tools for Rs. 2,000; (ii) Insurance premium paid in advance Rs. 500; (iii) Sale of goods on credit Rs. 3,000; (iv) Honored a bills payable of Rs. 5,000 on maturity. August 12, 2022 Dissolution expenses amounting to Rs. 15,000 were to be borne by partner Y and the balance by the firm. Dissolution expenses amounted to Rs. 25,000 and the entire amount was paid by Y. Pass journal entry. September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Why is it necessary to revalue assets and liabilities of a firm in case of admission of a partner? (C.B.S.E. Sample Paper 2018) October 8, 2022
The Quick Ratio of a company is 0.8: 1. State with reason, whether the following transactions will increase, decrease or not change the Quick Ratio: (i) Purchase of loose tools for Rs. 2,000; (ii) Insurance premium paid in advance Rs. 500; (iii) Sale of goods on credit Rs. 3,000; (iv) Honored a bills payable of Rs. 5,000 on maturity. August 12, 2022
Dissolution expenses amounting to Rs. 15,000 were to be borne by partner Y and the balance by the firm. Dissolution expenses amounted to Rs. 25,000 and the entire amount was paid by Y. Pass journal entry. September 27, 2022