Retirement of a partner is of partnership firm

Comparative financial statement reflects changes in the items in absolute amount only?

Which of the following transaction is always shown in the financing activity.

Investment made with the purpose to resale after the expiry of three months will come under which of the following activity.

Revaluation account can be prepared ............. time/times in the firm.

Unrecorded liability will be ............ to realisation when paid.

Unrecorded assets taken over by a creditor will be

If there is any balance left unpaid to retiring or deceased partner, then interest will be paid @ .......... in the absence of any provision of partnership deed.

Discount on issue of debenture is ......

No cash transaction will be excluded from:

In Receipts and Payments A/c, cash in hand or at the bank is put on :

Goodwill already appearing in the balance sheet of the firm will be transferred on the ________ side of account.

Public Limited company can issue:

Discount on issue of debentures is ________ asset.

After the death of an existing partner, shares of remaining partner will

A, B and C are partners sharing profits in ratio 4 : 3 : 2. B retires, selling his share of profit to A and C for ₹7200 (₹. 4,000 paid by A and B 3,200 paid by C). The new profit sharing ratio of A and C would be:

Cash deposit with the bank with a maturity date after two months belongs to which of the following while preparing cash flow statement:

Which of the following transactions will not result into flow of cash?

Patents purchased by a company will be an operating activity.