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Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs. 17,000 on fixed assets and paid Rs. 10,000 as interim dividend. The goodwill amortized was Rs. 12,000 and profit (Gain) on sale of furniture was Rs. 2,500.
The other informations were: Trade Payable showed an increase of Rs. 7,000.
Outstanding expenses showed a decrease of Rs. 5,000.
Accrued Income showed an increase of Rs. 8,000.
Trade payable showed a decrease of Rs. 10,000.
Inventories showed a decrease of Rs. 3,000.
On the basis of above information answer the following questions.
Q. In the abov e case study if amount of Goodwill is increasing in current year, then if will be classified in:
  • a)
    Operating Activity
  • b)
    Inv esting Activ ity
  • c)
    Financing Activ ity
  • d)
    Cash and Cash Equivalents
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs...
Goodwill purchase is shown in inv esting activity.
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Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs. 17,000 on fixed assets and paid Rs. 10,000 as interim dividend. The goodwill amortized was Rs. 12,000 and profit (Gain) on sale of furniture was Rs. 2,500.The other informations were: Trade Payable showed an increase of Rs. 7,000.Outstanding expenses showed a decrease of Rs. 5,000.Accrued Income showed an increase of Rs. 8,000.Trade payable showed a decrease of Rs. 10,000.Inventories showed a decrease of Rs. 3,000.On the basis of above information answer the following questions.Q. In the abov e case study if amount of Goodwill is increasing in current year, then if will be classified in:a)Operating Activityb)Inv esting Activ ityc)Financing Activ ityd)Cash and Cash EquivalentsCorrect answer is option 'B'. Can you explain this answer?
Question Description
Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs. 17,000 on fixed assets and paid Rs. 10,000 as interim dividend. The goodwill amortized was Rs. 12,000 and profit (Gain) on sale of furniture was Rs. 2,500.The other informations were: Trade Payable showed an increase of Rs. 7,000.Outstanding expenses showed a decrease of Rs. 5,000.Accrued Income showed an increase of Rs. 8,000.Trade payable showed a decrease of Rs. 10,000.Inventories showed a decrease of Rs. 3,000.On the basis of above information answer the following questions.Q. In the abov e case study if amount of Goodwill is increasing in current year, then if will be classified in:a)Operating Activityb)Inv esting Activ ityc)Financing Activ ityd)Cash and Cash EquivalentsCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs. 17,000 on fixed assets and paid Rs. 10,000 as interim dividend. The goodwill amortized was Rs. 12,000 and profit (Gain) on sale of furniture was Rs. 2,500.The other informations were: Trade Payable showed an increase of Rs. 7,000.Outstanding expenses showed a decrease of Rs. 5,000.Accrued Income showed an increase of Rs. 8,000.Trade payable showed a decrease of Rs. 10,000.Inventories showed a decrease of Rs. 3,000.On the basis of above information answer the following questions.Q. In the abov e case study if amount of Goodwill is increasing in current year, then if will be classified in:a)Operating Activityb)Inv esting Activ ityc)Financing Activ ityd)Cash and Cash EquivalentsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs. 17,000 on fixed assets and paid Rs. 10,000 as interim dividend. The goodwill amortized was Rs. 12,000 and profit (Gain) on sale of furniture was Rs. 2,500.The other informations were: Trade Payable showed an increase of Rs. 7,000.Outstanding expenses showed a decrease of Rs. 5,000.Accrued Income showed an increase of Rs. 8,000.Trade payable showed a decrease of Rs. 10,000.Inventories showed a decrease of Rs. 3,000.On the basis of above information answer the following questions.Q. In the abov e case study if amount of Goodwill is increasing in current year, then if will be classified in:a)Operating Activityb)Inv esting Activ ityc)Financing Activ ityd)Cash and Cash EquivalentsCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs. 17,000 on fixed assets and paid Rs. 10,000 as interim dividend. The goodwill amortized was Rs. 12,000 and profit (Gain) on sale of furniture was Rs. 2,500.The other informations were: Trade Payable showed an increase of Rs. 7,000.Outstanding expenses showed a decrease of Rs. 5,000.Accrued Income showed an increase of Rs. 8,000.Trade payable showed a decrease of Rs. 10,000.Inventories showed a decrease of Rs. 3,000.On the basis of above information answer the following questions.Q. In the abov e case study if amount of Goodwill is increasing in current year, then if will be classified in:a)Operating Activityb)Inv esting Activ ityc)Financing Activ ityd)Cash and Cash EquivalentsCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts. Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
Here you can find the meaning of Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs. 17,000 on fixed assets and paid Rs. 10,000 as interim dividend. The goodwill amortized was Rs. 12,000 and profit (Gain) on sale of furniture was Rs. 2,500.The other informations were: Trade Payable showed an increase of Rs. 7,000.Outstanding expenses showed a decrease of Rs. 5,000.Accrued Income showed an increase of Rs. 8,000.Trade payable showed a decrease of Rs. 10,000.Inventories showed a decrease of Rs. 3,000.On the basis of above information answer the following questions.Q. In the abov e case study if amount of Goodwill is increasing in current year, then if will be classified in:a)Operating Activityb)Inv esting Activ ityc)Financing Activ ityd)Cash and Cash EquivalentsCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs. 17,000 on fixed assets and paid Rs. 10,000 as interim dividend. The goodwill amortized was Rs. 12,000 and profit (Gain) on sale of furniture was Rs. 2,500.The other informations were: Trade Payable showed an increase of Rs. 7,000.Outstanding expenses showed a decrease of Rs. 5,000.Accrued Income showed an increase of Rs. 8,000.Trade payable showed a decrease of Rs. 10,000.Inventories showed a decrease of Rs. 3,000.On the basis of above information answer the following questions.Q. In the abov e case study if amount of Goodwill is increasing in current year, then if will be classified in:a)Operating Activityb)Inv esting Activ ityc)Financing Activ ityd)Cash and Cash EquivalentsCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs. 17,000 on fixed assets and paid Rs. 10,000 as interim dividend. The goodwill amortized was Rs. 12,000 and profit (Gain) on sale of furniture was Rs. 2,500.The other informations were: Trade Payable showed an increase of Rs. 7,000.Outstanding expenses showed a decrease of Rs. 5,000.Accrued Income showed an increase of Rs. 8,000.Trade payable showed a decrease of Rs. 10,000.Inventories showed a decrease of Rs. 3,000.On the basis of above information answer the following questions.Q. In the abov e case study if amount of Goodwill is increasing in current year, then if will be classified in:a)Operating Activityb)Inv esting Activ ityc)Financing Activ ityd)Cash and Cash EquivalentsCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs. 17,000 on fixed assets and paid Rs. 10,000 as interim dividend. The goodwill amortized was Rs. 12,000 and profit (Gain) on sale of furniture was Rs. 2,500.The other informations were: Trade Payable showed an increase of Rs. 7,000.Outstanding expenses showed a decrease of Rs. 5,000.Accrued Income showed an increase of Rs. 8,000.Trade payable showed a decrease of Rs. 10,000.Inventories showed a decrease of Rs. 3,000.On the basis of above information answer the following questions.Q. In the abov e case study if amount of Goodwill is increasing in current year, then if will be classified in:a)Operating Activityb)Inv esting Activ ityc)Financing Activ ityd)Cash and Cash EquivalentsCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Rathi Udyog, made a profit of 72,000 after changing depreciation of Rs. 17,000 on fixed assets and paid Rs. 10,000 as interim dividend. The goodwill amortized was Rs. 12,000 and profit (Gain) on sale of furniture was Rs. 2,500.The other informations were: Trade Payable showed an increase of Rs. 7,000.Outstanding expenses showed a decrease of Rs. 5,000.Accrued Income showed an increase of Rs. 8,000.Trade payable showed a decrease of Rs. 10,000.Inventories showed a decrease of Rs. 3,000.On the basis of above information answer the following questions.Q. In the abov e case study if amount of Goodwill is increasing in current year, then if will be classified in:a)Operating Activityb)Inv esting Activ ityc)Financing Activ ityd)Cash and Cash EquivalentsCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
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