State the need for treatment of Goodwill on admission of a partner. Post category:Accountancy Reading time:1 mins read SOLUTION To compensate the old partners for their sacrifice. 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 the journal entry to distribute General Reserve and Profit and Loss Account balance appearing on the liabilities side of Balance Sheet. Next PostUnder what circumstances premium for goodwill paid by the incoming partner would never be recorded in the books of account? You Might Also Like Mention a case where Profit & Loss Appropriation Account will be prepared even if Profit & Loss Account discloses net loss. September 26, 2022 State whether the following will increase, decrease or have no effect cash flow from operating activities while preparing ‘Cash Flow Statement’: (i) Decrease in outstanding employees benefits expenses by Rs. 3,000; (ii) Increase in prepaid insurance by Rs. 2,000. (C.B.S.E. 2017) October 6, 2022 Sukanya Ltd. invited applications for issuing 1,00,000 equity shares of Rs. 10 each. The shares were issued at a premium of Rs. 20 per share. The amount was payable as follows: July 15, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Mention a case where Profit & Loss Appropriation Account will be prepared even if Profit & Loss Account discloses net loss. September 26, 2022
State whether the following will increase, decrease or have no effect cash flow from operating activities while preparing ‘Cash Flow Statement’: (i) Decrease in outstanding employees benefits expenses by Rs. 3,000; (ii) Increase in prepaid insurance by Rs. 2,000. (C.B.S.E. 2017) October 6, 2022
Sukanya Ltd. invited applications for issuing 1,00,000 equity shares of Rs. 10 each. The shares were issued at a premium of Rs. 20 per share. The amount was payable as follows: July 15, 2022
