Name the asset that is not transferred to the debit side of Realisation Account, but brings certain amount of cash against its disposal at the time of dissolution of the firm. Post category:Accountancy Reading time:1 mins read SOLUTION Unrecorded Asset. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ 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 PostFixed Assets appear in the Balance Sheet of a firm at Rs. 52,000. They realised at a loss of 4% on net collection. State the amount collected from such assets. Next PostState any two grounds on the basis of which court may order for the dissolution of partnership firm. (C.B.S.E. 2019, Kerala) You Might Also Like From the following information, calculate Working Capital Turnover Ratio: August 16, 2022 Current Ratio is 2.5, Working Capital is Rs. 1,50,000. Calculate the amount of Current Assets and Current Liabilities. August 10, 2022 Ravi and Mukesh are sharing profits in the ratio of 7 : 3. They admit Ashok for 3/7th share in the firm which he takes 2/7th from Ravi and 1/7th from Mukesh. Calculate new profit-sharing ratio. July 29, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Current Ratio is 2.5, Working Capital is Rs. 1,50,000. Calculate the amount of Current Assets and Current Liabilities. August 10, 2022
Ravi and Mukesh are sharing profits in the ratio of 7 : 3. They admit Ashok for 3/7th share in the firm which he takes 2/7th from Ravi and 1/7th from Mukesh. Calculate new profit-sharing ratio. July 29, 2022