Name any two Financing activities that result into inflow of cash. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Cash proceeds from issuing shares or other similar instruments.(ii) Cash proceeds from issuing debentures, loans, notes, bonds and other short or long-term borrowings.’ 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 PostGive two examples of Cash Flows from Financing Activities. Next PostList any two financing activities that will result into outflow of cash. You Might Also Like On the retirement of a partner how is the profit-sharing ratio of remaining partners decided? September 27, 2022 What will be the impact of ‘Bills Payable given to Trade Payables’ on a liquid ratio of I: 1? State with reason. October 3, 2022 Three Chartered Accountants Abhijit, Baljit and Charanjit form a partnership, profits being shared in the ratio of 3: 2: 1 subject to the following: (a) Charanjit’s share of profit guaranteed to be not less than Rs. 15,000 p.a. (b) Baljit gives a guarantee to the effect that gross fee earned by him for the firm shall be equal to his average gross fee of the preceding five years when he was carrying on profession alone, which on an average works out at Rs. 25,000. The profit for the first year of the partnership are Rs. 75,000. The gross fee earned by Baljit for the firm is Rs. 16,000. You are required to show Profit and Loss Appropriation Account after giving effect to the above. October 18, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
On the retirement of a partner how is the profit-sharing ratio of remaining partners decided? September 27, 2022
What will be the impact of ‘Bills Payable given to Trade Payables’ on a liquid ratio of I: 1? State with reason. October 3, 2022
Three Chartered Accountants Abhijit, Baljit and Charanjit form a partnership, profits being shared in the ratio of 3: 2: 1 subject to the following: (a) Charanjit’s share of profit guaranteed to be not less than Rs. 15,000 p.a. (b) Baljit gives a guarantee to the effect that gross fee earned by him for the firm shall be equal to his average gross fee of the preceding five years when he was carrying on profession alone, which on an average works out at Rs. 25,000. The profit for the first year of the partnership are Rs. 75,000. The gross fee earned by Baljit for the firm is Rs. 16,000. You are required to show Profit and Loss Appropriation Account after giving effect to the above. October 18, 2022