What is meant by Super Profits? Post category:Accountancy Reading time:1 mins read SOLUTION Super Profit is the excess of actual average profits over normal profits. 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 PostName any two factors affecting goodwill of a partnership firm. Next PostHow the goodwill is valued under the super profit’s method? You Might Also Like Provision for Depreciation Rs. 65,000; Provision for Doubtful Debts Rs. 30,000; and Provident Fund Rs. 1,50,000 has been transferred to the Credit side of Realisation Account. For which item payment is to be made by the firm? September 27, 2022 Net increase in working capital other than cash and cash equivalents will increase, decrease or not change cash flow from operating activities. Give reason in support of your answer. (C.B.S.E. 2017) October 6, 2022 On dissolution of a partnership firm, where is profit or loss on realization transferred? September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Provision for Depreciation Rs. 65,000; Provision for Doubtful Debts Rs. 30,000; and Provident Fund Rs. 1,50,000 has been transferred to the Credit side of Realisation Account. For which item payment is to be made by the firm? September 27, 2022
Net increase in working capital other than cash and cash equivalents will increase, decrease or not change cash flow from operating activities. Give reason in support of your answer. (C.B.S.E. 2017) October 6, 2022
On dissolution of a partnership firm, where is profit or loss on realization transferred? September 27, 2022