Name any two sub-line items (sub-headings) under which “Non-Current Assets” shall be classified in the Balance Sheet of a Company. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Fixed Assets; (ii) Non-Current Investments. 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 sub-line items (sub-headings) under which “Current Liabilities” shall be classified in a Company’s Balance Sheet. Next PostName any two sub-line items (sub-headings) under which “Current Assets’’ shall be classified in the Balance Sheet of a Company. You Might Also Like List any two investing activities which result into outflow’ of cash. October 4, 2022 Disha and Divya are partners in a firm sharing profits in the ratio of 3 : 2 respectively. The fixed capital of Disha is Rs. 4,80,000 and of Divya is Rs. 3,00,000. On 1st April, 2019 they admitted Hina as a new partner for 1/5th share in future profits. Hina brought Rs. 3,00,000 as her capital. Calculate value of goodwill of the firm and record necessary Journal entries on Hina’s admission. August 1, 2022 Can a partner be exempted from sharing the losses in a firm? If yes, under what circumstances? September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Disha and Divya are partners in a firm sharing profits in the ratio of 3 : 2 respectively. The fixed capital of Disha is Rs. 4,80,000 and of Divya is Rs. 3,00,000. On 1st April, 2019 they admitted Hina as a new partner for 1/5th share in future profits. Hina brought Rs. 3,00,000 as her capital. Calculate value of goodwill of the firm and record necessary Journal entries on Hina’s admission. August 1, 2022
Can a partner be exempted from sharing the losses in a firm? If yes, under what circumstances? September 26, 2022