List any two items of operating activities that are typical of and pertaining to film production unit. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Expenses on production of Films.(ii) Selling the Films to distributors. 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 PostList any two items of operating activities that are typical of and pertaining to Hotel Industry. Next PostRaman Ltd. paid Rs. 60,000 as instalment for machinery purchased on credit which included interest of Rs. 10.000. How will this payment be presented while preparing Cash Flow Statement? You Might Also Like P and Q were partners in a firm sharing profits and losses equally. Their fixed capitals were Rs. 2,00,000 and Rs. 3,00,000 respectively. The Partnership Deed provided for interest on capital @ 12% per annum. For the year ended 31st March, 2016, the profits of the firm were distributed without providing interest on capital. Pass necessary adjustment entry to rectify the error. July 21, 2022 X and Y are partners sharing profits in fee ratio of 3: 1. They admit Z as a partner. X surrenders l / 3rd of his share and Y l / 4th of his share in favour of Z. What will be the new profit-sharing ratio? September 26, 2022 X, Y and Z are partners sharing profits and losses in the ratio of 5 : 3 : 2, decided to share future profits and losses equally with effect from 1st April, 2019. On that date, the goodwill appeared in the books at Rs. 12,000. But it was revalued at Rs. 30,000. Pass Journal entries assuming that goodwill will not appear in the books of account. July 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
P and Q were partners in a firm sharing profits and losses equally. Their fixed capitals were Rs. 2,00,000 and Rs. 3,00,000 respectively. The Partnership Deed provided for interest on capital @ 12% per annum. For the year ended 31st March, 2016, the profits of the firm were distributed without providing interest on capital. Pass necessary adjustment entry to rectify the error. July 21, 2022
X and Y are partners sharing profits in fee ratio of 3: 1. They admit Z as a partner. X surrenders l / 3rd of his share and Y l / 4th of his share in favour of Z. What will be the new profit-sharing ratio? September 26, 2022
X, Y and Z are partners sharing profits and losses in the ratio of 5 : 3 : 2, decided to share future profits and losses equally with effect from 1st April, 2019. On that date, the goodwill appeared in the books at Rs. 12,000. But it was revalued at Rs. 30,000. Pass Journal entries assuming that goodwill will not appear in the books of account. July 27, 2022