List any two investing activities which result into outflow’ of cash. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Purchase of fixed assets, (ii) Purchase of investments. 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 PostWhen does the situation of Inflow of Cash arise in the case of Investing activities? Next PostWhat is meant by Financing Activities? You Might Also Like A, B, C and D were partners in a firm sharing profits in the ratio of 4: 3: 2: 1. On 1st January, 2015, they admitted E as a new partner for 1 / 10 share in the profits. E brought Rs. 10,000 for his share of goodwill premium which was correctly recorded in the books by the accountant. The accountant showed goodwill at Rs. 1,00,000 in the books. Was the accountant correct in doing so? Give reason in support of your answer. (Delhi 2015) October 8, 2022 Gupta and Sharma were partners in a firm. They wanted to admit two more members in the firm. List the categories of individuals other than minors who cannot be admitted by them. (Delhi 2017) October 7, 2022 How goodwill is recorded on the retirement or death of a partner? September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B, C and D were partners in a firm sharing profits in the ratio of 4: 3: 2: 1. On 1st January, 2015, they admitted E as a new partner for 1 / 10 share in the profits. E brought Rs. 10,000 for his share of goodwill premium which was correctly recorded in the books by the accountant. The accountant showed goodwill at Rs. 1,00,000 in the books. Was the accountant correct in doing so? Give reason in support of your answer. (Delhi 2015) October 8, 2022
Gupta and Sharma were partners in a firm. They wanted to admit two more members in the firm. List the categories of individuals other than minors who cannot be admitted by them. (Delhi 2017) October 7, 2022