What is ‘Operating Cycle’? Post category:Accountancy Reading time:1 mins read SOLUTION ‘Operating Cycle’ is the time between the acquisition of assets for processing and their realisation in Cash and Cash Equivalents. 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 PostHow are the assets and liabilities of a Company usually marshalled? Next PostIn case Operating Cycle cannot be determined, what is the time period of operating cycle assumed? You Might Also Like A, B and C were partners sharing profits and losses in the ratio of 2: 2:1. C died on 30th June, 2020. Profit and Sales for the year ended 31st March, 2020 were Rs. 1,00,000 and Rs. 10,00,000 respectively. Sales during April to June, 2020 were Rs. 1,50,000. You are required to calculate share of profit of C till the date of his death. August 5, 2022 In the absence of Partnership Deed, what are the rules relation to: (a) Salaries of partners, (b) Interest on partners’ capitals (c) Interest on partners’ loan (d) Division of profit, (e) Interest on partners’ drawings (f) Interest on loan by partner(s) and (g) Interest on loan to partners? July 20, 2022 Balance Sheet of X and Y, who share profits and losses as 5 : 3, as at 1st April, 2019 is: July 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B and C were partners sharing profits and losses in the ratio of 2: 2:1. C died on 30th June, 2020. Profit and Sales for the year ended 31st March, 2020 were Rs. 1,00,000 and Rs. 10,00,000 respectively. Sales during April to June, 2020 were Rs. 1,50,000. You are required to calculate share of profit of C till the date of his death. August 5, 2022
In the absence of Partnership Deed, what are the rules relation to: (a) Salaries of partners, (b) Interest on partners’ capitals (c) Interest on partners’ loan (d) Division of profit, (e) Interest on partners’ drawings (f) Interest on loan by partner(s) and (g) Interest on loan to partners? July 20, 2022
Balance Sheet of X and Y, who share profits and losses as 5 : 3, as at 1st April, 2019 is: July 28, 2022