What are Current Liabilities? Post category:Accountancy Reading time:1 mins read SOLUTION Current liabilities refer to those liabilities which are to be paid in near future (normally within one year). 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 PostWhat are Current Assets? Next PostWhat is an ideal current ratio? You Might Also Like Finserve Ltd is carrying on a Mutual fund business. It invested Rs. 30,00,000 in share’s and Rs. 15,00,000 in debentures of various companies during the year. It received Rs. 3,00,000 as dividend and interest. Find out cash flows from investing activities. (C.B.S.E. Sample Paper, 2015) October 6, 2022 A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. B retired and the new profit-sharing ratio between A and C was 2 : 1. On B’s retirement, the goodwill of the firm was valued at Rs. 90,000. Pass necessary Journal entry for the treatment of goodwill on B’s retirement. August 3, 2022 What is meant by registered debenture? September 29, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Finserve Ltd is carrying on a Mutual fund business. It invested Rs. 30,00,000 in share’s and Rs. 15,00,000 in debentures of various companies during the year. It received Rs. 3,00,000 as dividend and interest. Find out cash flows from investing activities. (C.B.S.E. Sample Paper, 2015) October 6, 2022
A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. B retired and the new profit-sharing ratio between A and C was 2 : 1. On B’s retirement, the goodwill of the firm was valued at Rs. 90,000. Pass necessary Journal entry for the treatment of goodwill on B’s retirement. August 3, 2022