List any two items of operating activities that are typical of and pertaining to Print Media. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Revenue from Advertisements in Newspapers;(ii) Purchase of printing paper and printing ink. 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 Electronic Media. Next PostList any two items of operating activities that are typical of and pertaining to Hotel Industry. You Might Also Like A and B are partners in a firm sharing profits in the ratio of 2 : 1. They decided with effect from 1st April, 2018, that they would share profits in the ratio of 3 : 2. But, this decision was taken after the profit for the year ended 31st March, 2019 of Rs. 90,000 was distributed in the old ratio. The profits for the year ended 31st March, 2017 and 2018 were Rs. 60,000 and Rs. 75,000 respectively. It was decided that Goodwill Account will not be opened in the books of the firm and necessary adjustment be made through Capital Accounts which on 31st March, 2019 stood at Rs. 1,50,000 for A and Rs. 90,000 for B. Pass necessary Journal entries and prepare Capital Accounts. July 27, 2022 Give one distinction between reconstitution of a firm and dissolution of a firm. September 27, 2022 List any two circumstances under which the fixed capital of partners may change. September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A and B are partners in a firm sharing profits in the ratio of 2 : 1. They decided with effect from 1st April, 2018, that they would share profits in the ratio of 3 : 2. But, this decision was taken after the profit for the year ended 31st March, 2019 of Rs. 90,000 was distributed in the old ratio. The profits for the year ended 31st March, 2017 and 2018 were Rs. 60,000 and Rs. 75,000 respectively. It was decided that Goodwill Account will not be opened in the books of the firm and necessary adjustment be made through Capital Accounts which on 31st March, 2019 stood at Rs. 1,50,000 for A and Rs. 90,000 for B. Pass necessary Journal entries and prepare Capital Accounts. July 27, 2022