What is the accounting treatment of ‘Stores and Spares’ when the company. (C.B.S.E. Sample Paper, 2017) Post category:Accountancy Reading time:1 mins read SOLUTION While calculating Inventory Turnover Ratio it is not included in Inventories. 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 is indicated by High Inventory Turnover Ratio? Next PostIf Trade Receivables Turnover Ratio is more than the norm set for it, what will it indicate? You Might Also Like Journalise the following: (a) A debenture issued at Rs.95, repayable at Rs. 100. (b) A debenture issued at Rs.95, repayable at Rs. 105. (c) A debenture issued at Rs.95, repayable at Rs. 105. The face value of debenture is Rs. 100 in each of the above cases. July 18, 2022 Name any two sub-line items (sub-headings) under which “Non-Current Assets” shall be classified in the Balance Sheet of a Company. September 30, 2022 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 Leave a Reply Cancel replyYou must be logged in to post a comment.
Journalise the following: (a) A debenture issued at Rs.95, repayable at Rs. 100. (b) A debenture issued at Rs.95, repayable at Rs. 105. (c) A debenture issued at Rs.95, repayable at Rs. 105. The face value of debenture is Rs. 100 in each of the above cases. July 18, 2022
Name any two sub-line items (sub-headings) under which “Non-Current Assets” shall be classified in the Balance Sheet of a Company. September 30, 2022
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