Under which accounting standard, Cash flow statement is prepared? Post category:Accountancy Reading time:1 mins read SOLUTION Under Accounting Standard-3 (Revised). 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 PostWhat is meant by Cash Flow Statement? (C.B.S.E. 2020, Kolkata, Lucknow) Next PostGive any two objectives of Cash Flow Statements. (C.B.S.E. Sample Paper, 2019) You Might Also Like Vikas and Vivek were partners in a firm sharing profits in the ratio of 3 : 2. On 1st April, 2018, they admitted Vandana as a new partner for 1/8th share in the profits with a guaranteed profit of Rs. 1,50,000. New profit-sharing ratio between Vikas and Vivek will remain same but they decided to bear any deficiency on account of guarantee to Vandana in the ratio 3 : 2. Profit of the firm for the year ended 31st March, 2019 was Rs. 9,00,000. Prepare Profit and Loss Appropriation Account of Vikas, Vivek and Vandana for the year ended 31st March, 2019. July 22, 2022 Differentiate between ‘Profit & Loss Appropriation Account’ and ‘Profit & Loss Suspense Account’. (Delhi and Al 2015 C) October 8, 2022 From the following Balance Sheet of Mishi Ltd. as at 31st March, 2019, prepare Cash Flow Statement: August 20, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Vikas and Vivek were partners in a firm sharing profits in the ratio of 3 : 2. On 1st April, 2018, they admitted Vandana as a new partner for 1/8th share in the profits with a guaranteed profit of Rs. 1,50,000. New profit-sharing ratio between Vikas and Vivek will remain same but they decided to bear any deficiency on account of guarantee to Vandana in the ratio 3 : 2. Profit of the firm for the year ended 31st March, 2019 was Rs. 9,00,000. Prepare Profit and Loss Appropriation Account of Vikas, Vivek and Vandana for the year ended 31st March, 2019. July 22, 2022
Differentiate between ‘Profit & Loss Appropriation Account’ and ‘Profit & Loss Suspense Account’. (Delhi and Al 2015 C) October 8, 2022
From the following Balance Sheet of Mishi Ltd. as at 31st March, 2019, prepare Cash Flow Statement: August 20, 2022