Interest received and paid by a finance company is classified under which Kind of activity while preparing a Cash flow statement? (C.B.S. E. 2018) Post category:Accountancy Reading time:1 mins read SOLUTION Operating Activity. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ 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 treat ‘Interest on Debentures’ while preparing a Cash Flow Statement? Next PostState whether cash deposited in bank will result in inflow, outflow or no flow of cash? You Might Also Like From the following information, prepare Cash Flow Statement: August 18, 2022 Calculate Debt to Equity Ratio: Equity Share Capital Rs. 5,00,000; General Reserve Rs. 90,000; Accumulated Profits Rs. 50,000; 10% Debentures Rs. 1,30,000; Current Liabilities Rs. 1,00,000. August 12, 2022 X, Y and Z are partners sharing profits in the ratio of 5 : 3 : 2. Y retires on 1st April, 2019 from the firm, on which date capitals of X, Y and Z after all adjustments are Rs. 1,03,680, Rs. 87,840 and Rs. 26,880 respectively. The Cash and Bank Balance on that date was Rs. 9,600. Y is to be paid through amount brought in by X and Z in such a way as to make their capitals proportionate to their new profit-sharing ratio which will be X 3/5 and Z 2/5. Calculate the amount to be paid or to be brought in by the continuing partners assuming that a minimum Cash and Bank balance of Rs. 7,200 was to be maintained and pass the necessary Journal entries. August 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.