How will you treat decrease in prepaid expenses in the cash How from operating activities? Post category:Accountancy Reading time:1 mins read SOLUTION Decrease in prepaid expenses will be added to operating profit while calculating cash flow from 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 PostWhy do we add back preliminary expenses to net profit while calculating cash flows from operating activities? Next PostWhat adjustments are required for decrease or increase in Trade Payables/bills payable while calculating ‘Cash flow from operating activities’? You Might Also Like P, Q and R were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. They agreed to dissolve their partnership firm on 31st March, 2019. P was deputed to realise the assets and pay the liabilities. He was paid Rs. 1,000 as commission for his services. The financial position of the firm was: July 26, 2022 What will be the impact of increase in Current liabilities on Working Capital turnover ratio? State with reason. October 3, 2022 Classify debentures from the point of view of redemption. September 29, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
P, Q and R were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. They agreed to dissolve their partnership firm on 31st March, 2019. P was deputed to realise the assets and pay the liabilities. He was paid Rs. 1,000 as commission for his services. The financial position of the firm was: July 26, 2022
What will be the impact of increase in Current liabilities on Working Capital turnover ratio? State with reason. October 3, 2022