When is interest received considered as financing activity? Post category:Accountancy Reading time:1 mins read SOLUTION Interest received on Calls-in-arrear by a Company is considered as financing activity.. 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 PostWhen is dividend received considered as operating activity? Next Post“Loans and advances granted’ by a company will be considered, as which type of activity while preparing Cash Flow Statement. (C.B.S.E. 2018, Comptt.) You Might Also Like M and J are partners in a firm sharing profits in the ratio of 3 : 2. They admit R as a new partner. The new profit-sharing ratio between M, J and R will be 5 : 3 : 2. R brought in Rs. 25,000 for his share of premium for goodwill. Pass necessary Journal entries for the treatment of goodwill. August 1, 2022 In which category following items will be classified while preparing the Cash Flow Statement of a Bank? (i) Purchase of Computer (ii) Interest and Dividend received by the Bank. October 6, 2022 Closing Trade Receivables Rs. 4,00,000; Cash Sales being 25% of Credit Sales; Excess of Closing Trade Receivables over Opening Trade Receivables Rs. 2,00,000; Revenue from Operations, i.e., Revenue from Operations, i.e., Net Sales Rs. 15,00,000. Calculate Trade Receivables Turnover Ratio [(Hint:) 1. Net Credit Sales = Total Sales − Cash Sales 2. Opening Trade Receivables = Closing Trade Receivables − Excess of Closing Trade Receivables over Opening Trade Receivables.] August 16, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
M and J are partners in a firm sharing profits in the ratio of 3 : 2. They admit R as a new partner. The new profit-sharing ratio between M, J and R will be 5 : 3 : 2. R brought in Rs. 25,000 for his share of premium for goodwill. Pass necessary Journal entries for the treatment of goodwill. August 1, 2022
In which category following items will be classified while preparing the Cash Flow Statement of a Bank? (i) Purchase of Computer (ii) Interest and Dividend received by the Bank. October 6, 2022
Closing Trade Receivables Rs. 4,00,000; Cash Sales being 25% of Credit Sales; Excess of Closing Trade Receivables over Opening Trade Receivables Rs. 2,00,000; Revenue from Operations, i.e., Revenue from Operations, i.e., Net Sales Rs. 15,00,000. Calculate Trade Receivables Turnover Ratio [(Hint:) 1. Net Credit Sales = Total Sales − Cash Sales 2. Opening Trade Receivables = Closing Trade Receivables − Excess of Closing Trade Receivables over Opening Trade Receivables.] August 16, 2022