Name any two items that can be disclosed under ‘Short-term Provisions”. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Provision for Doubtful Debts; (ii) Provision for Employee Benefits. 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 PostName any two items that can be disclosed under ‘Long-term Borrowings’. Next PostName any two items that can be disclosed under “Tangible Assets”. You Might Also Like If creditors are Rs. 25,000, capital is Rs. 1,50,000 and cash balance is Rs. 10,000, what will be the amount of sundry assets? September 27, 2022 Anshul and Asha are partners sharing profits and losses in the ratio of 3: 2. Anshul being a non-working partner contributed Rs. 8,00,000 as her capital. Asha being a working partner did not contribute capital. The partnership Deed provides for interest on capital @ 5% and salary to every working partner @ Rs. 2,000 per month. Net profit (before providing for interest on capital and partner’s salary) for the year ended 31st March, 2019 was Rs. 32,000. July 21, 2022 Pradeep and Dhanraj were partners in a firm sharing profits in the ratio of 3 : 1. Their Balance Sheet on 31st March, 2019 was: August 2, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
If creditors are Rs. 25,000, capital is Rs. 1,50,000 and cash balance is Rs. 10,000, what will be the amount of sundry assets? September 27, 2022
Anshul and Asha are partners sharing profits and losses in the ratio of 3: 2. Anshul being a non-working partner contributed Rs. 8,00,000 as her capital. Asha being a working partner did not contribute capital. The partnership Deed provides for interest on capital @ 5% and salary to every working partner @ Rs. 2,000 per month. Net profit (before providing for interest on capital and partner’s salary) for the year ended 31st March, 2019 was Rs. 32,000. July 21, 2022
Pradeep and Dhanraj were partners in a firm sharing profits in the ratio of 3 : 1. Their Balance Sheet on 31st March, 2019 was: August 2, 2022