Name any two sub-line items (sub-headings) under which “Shareholder’s Funds” shall be classified in a Company’s Balance Sheet. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Share Capital; (ii) Reserve and Surplus. 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 one line item that can be shown under the major heading “Assets” in a Company’s Balance Sheet. Next PostName any two sub-line items (sub-headings) under which “Non-Current Liabilities” shall be classified in a Company’s Balance Sheet. You Might Also Like If Profit before Interest and Tax is Rs. 5,00,000 and interest on Long-term Funds is Rs. 1,00,000, find Interest Coverage Ratio. August 13, 2022 A and B are in partnership sharing profits and losses in the ratio of 5 : 3. C is admitted as a partner who pays Rs. 40,000 as capital and the necessary amount of goodwill which is valued at Rs. 60,000 for the firm. His share of profits will be 1/5th which he takes 1/10th from A and 1/10th from B. Give Journal entries and also calculate future profit-sharing ratio of the partners. August 1, 2022 What is meant by dissolution of a firm? October 8, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
If Profit before Interest and Tax is Rs. 5,00,000 and interest on Long-term Funds is Rs. 1,00,000, find Interest Coverage Ratio. August 13, 2022
A and B are in partnership sharing profits and losses in the ratio of 5 : 3. C is admitted as a partner who pays Rs. 40,000 as capital and the necessary amount of goodwill which is valued at Rs. 60,000 for the firm. His share of profits will be 1/5th which he takes 1/10th from A and 1/10th from B. Give Journal entries and also calculate future profit-sharing ratio of the partners. August 1, 2022