Under which type of activity will you classify ‘Rent Received’ while preparing cash flow statement? (C.B.S.E. Sample Paper, 2019) Post category:Accountancy Reading time:1 mins read SOLUTION Investing Activity. 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 PostP P Limited is Share Broker Company. G G Limited is engaged in manufacturing of packaged food. P P Limited purchased 5,000 equity shares of Rs. 100 each of Savita Limited. G G Limited also purchased 10,000 equity shares of Rs. 100 each of Savita Limited. For the purpose of preparing their respective Cash Flow Statements, under which category of activities the purchase of shares will be classified by P P Limited and G G Limited? (C.B.S.E. Sample Paper, 2018) Next PostMevo Ltd., a financial enterprise had advanced a loan of Rs. 3,00.000, invested Rs. 6,00.000 in shares of the other companies and purchased machinery for Rs. 9,00,000. It received dividend of Rs. 70,000 on investment in shares. The company sold an old machine of the book value of Rs. 79,000 at a loss of Rs. 10,000. Compute Cash flows from Investing Activities. (C.B.S.E. 2019.M.P.) You Might Also Like Net Profit before Interest and Tax Rs. 6,00,000; Net Fixed Assets Rs. 20,00,000; Net Working Capital Rs. 10,00,000; Current Assets Rs. 11,00,000. Calculate Return on Investment. August 17, 2022 State whether cash deposited in bank will result in inflow, outflow or no flow of cash? October 6, 2022 Naveen, Qadir and Rajesh were Partners doing an Electronic Goods Business in Uttarakh and. After the accounts of partnership were drawn up and closed, it was discovered that interest on capital has been allowed to Partners @ 6% Per Annum for the years ending 31st March, 2017 and 2018, although there is no provision for interest on capital in the partnership deed. On the other hand, Naveen and Qadir were entitled to a Salary of Rs. 3,500 and Rs. 4,000 Per Quarter respectively, which has not been taken into consideration. Their respective Fixed Capitals were Rs. 4,00,000, Rs. 3,60,000 and Rs. 2,40,000. During the last two years, they had shared the Profits and Losses as follows : Year Ended Ratio 31st March , 2017 3 : 2 : 1 31st March , 2018 5 : 3 : 2. Pass necessary Adjusting Entry for the above Adjustments in the Books of the Firm on 1st April, 2018. Show your workings clearly July 22, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Net Profit before Interest and Tax Rs. 6,00,000; Net Fixed Assets Rs. 20,00,000; Net Working Capital Rs. 10,00,000; Current Assets Rs. 11,00,000. Calculate Return on Investment. August 17, 2022
State whether cash deposited in bank will result in inflow, outflow or no flow of cash? October 6, 2022
Naveen, Qadir and Rajesh were Partners doing an Electronic Goods Business in Uttarakh and. After the accounts of partnership were drawn up and closed, it was discovered that interest on capital has been allowed to Partners @ 6% Per Annum for the years ending 31st March, 2017 and 2018, although there is no provision for interest on capital in the partnership deed. On the other hand, Naveen and Qadir were entitled to a Salary of Rs. 3,500 and Rs. 4,000 Per Quarter respectively, which has not been taken into consideration. Their respective Fixed Capitals were Rs. 4,00,000, Rs. 3,60,000 and Rs. 2,40,000. During the last two years, they had shared the Profits and Losses as follows : Year Ended Ratio 31st March , 2017 3 : 2 : 1 31st March , 2018 5 : 3 : 2. Pass necessary Adjusting Entry for the above Adjustments in the Books of the Firm on 1st April, 2018. Show your workings clearly July 22, 2022
