Name any two financial statements of a Company. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Statement of Profit & Loss and (ii) Balance Sheet. 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 PostWhat is the balance of Debenture Redemption Reserve transferred to General Reserve? Next PostWhat is the financial year in case of a Company? You Might Also Like Rahul, Sahil and Jatin were partners in a firm sharing profits and losses in the ratio of 4: 3: 2. Rahul died on 15th October, 2017. At that time, the capitals of Sahil and Jatin after all the adjustments were Rs. 3,56,000 and Rs. 2,44,000 respectively. Sahil and Jatin decided to adjust their capital according to their new profit-sharing ratio by opening current accounts. Calculate the new Capitals of Sahil and Jatin. (C.B.S.E. 2020; Mumbai, Chennai) September 27, 2022 How will you treat ‘Interest on Debentures’ while preparing a Cash Flow Statement? October 4, 2022 Do you think that the loan by a partner is transferred to Realisation Account at the lime of dissolution of a firm? Why? September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Rahul, Sahil and Jatin were partners in a firm sharing profits and losses in the ratio of 4: 3: 2. Rahul died on 15th October, 2017. At that time, the capitals of Sahil and Jatin after all the adjustments were Rs. 3,56,000 and Rs. 2,44,000 respectively. Sahil and Jatin decided to adjust their capital according to their new profit-sharing ratio by opening current accounts. Calculate the new Capitals of Sahil and Jatin. (C.B.S.E. 2020; Mumbai, Chennai) September 27, 2022
Do you think that the loan by a partner is transferred to Realisation Account at the lime of dissolution of a firm? Why? September 27, 2022
