What are the two methods which can he employed lo calculate net Cash flows from operating activities? Post category:Accountancy Reading time:1 mins read SOLUTION Direct method and Indirect method. 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 any two examples of cash inflows from operating activities other than cash receipts from sale of goods and rendering of services. (C.B.S.E. Sample Paper. 2018). Next PostHow are various activities classified as per AS-3 (Revised) while preparing Cash Flow’ Statement? You Might Also Like Are debentures less riskier than shares? September 29, 2022 (a) W, X, Y and Z are partners sharing profits and losses in the ratio of 1/3, 1/6, 1/3 and 1/6 respectively. Y retires and W, X and Z decide to share the profits and losses equally in future. Calculate gaining ratio. (b) A, B and C are partners sharing profits and losses in the ratio of 4: 3: 2. C retires from the business. A is acquiring 4/9 of C’s share and balance is acquired by B. Calculate the new profit-sharing ratio and gaining ratio. August 3, 2022 Kumar, Verma and Naresh were partners in a firm sharing Profits and Losses in the ratio of 3: 2: 2. On 23rd January, 2015 Verma died. Verma’s share of profit till the date of his death was calculated at Rs. 2350. Pass necessary Journal entry for the same in the books of the firm. August 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
(a) W, X, Y and Z are partners sharing profits and losses in the ratio of 1/3, 1/6, 1/3 and 1/6 respectively. Y retires and W, X and Z decide to share the profits and losses equally in future. Calculate gaining ratio. (b) A, B and C are partners sharing profits and losses in the ratio of 4: 3: 2. C retires from the business. A is acquiring 4/9 of C’s share and balance is acquired by B. Calculate the new profit-sharing ratio and gaining ratio. August 3, 2022
Kumar, Verma and Naresh were partners in a firm sharing Profits and Losses in the ratio of 3: 2: 2. On 23rd January, 2015 Verma died. Verma’s share of profit till the date of his death was calculated at Rs. 2350. Pass necessary Journal entry for the same in the books of the firm. August 4, 2022
