Question:
When the total amount withdrawn is given but the date of withdrawal is not given then interest on drawings is charged for a period of:
When the total amount withdrawn is given but the date of withdrawal is not given then interest on drawings is charged for a period of:
Updated On: Mar 12, 2025
- 3 months
- 6 months
- 9 months
- 12 months
Hide Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
The correct option is (B): 6 months
Was this answer helpful?
0
0
Top Questions on Cash Flow Analysis
- ABC Ltd. has given you the following information:
• Machinery as on April 01, 2016: 50,000
• Machinery as on March 31, 2017: 60,000
• Accumulated Depreciation on April 01, 2016: 25,000
• Accumulated Depreciation on March 31, 2017: 15,000
• During the year, a Machine costing 25,000 with Accumulated Depreciation of 15,000 was sold for 13,000.
Cash flow from Investing Activities on the basis of the above information will be:- CUET (UG) - 2024
- Accountancy
- Cash Flow Analysis
- Match List-I with List-II.Choose the correct answer from the options given below:
List-I List-II (A) Subscription (I) Revenue income for the year in which it is received (B) Endowment Fund (II) Amount received as per the will of the deceased person (C) Cash subsidy received from the government (III) Main source of income of not-for-profit organizations (D) Legacies (IV) Fund arising from a bequest or gift - CUET (UG) - 2024
- Accountancy
- Cash Flow Analysis
- An investment normally qualifies as cash equivalents only when it has a short maturity of or less from the date of acquisition:
- CUET (UG) - 2024
- Accountancy
- Cash Flow Analysis
- Identify the correct sequence to be followed while calculating net cash from operating activities from the following:
(A) Calculation of cash generated from operation
(B) Adjustment for non-operating/non-cash charges
(C) Calculation of net profit before taxation and extraordinary items
(D) Calculation of operating profit before working capital changes- CUET (UG) - 2024
- Accountancy
- Cash Flow Analysis
- Arrange the following in the context of Cash Flow Statement
A. Calculation of cash flow from Operating Activities
B. Calculation of cash flow from Financing Activities
C. Calculations of net increase/decrease in cash and cash equivalent during the year
D. Calculation of cash flow from Investing Activities
E. Calculation of net profit before tax and extraordinary item
Choose the correct answer from the options given below:- CUET (UG) - 2023
- Accountancy
- Cash Flow Analysis
View More Questions
Questions Asked in CUET exam
- Match List-I with List-II
List-I (Name of account to be debited or credited, when shares are forfeited) List-II (Amount to be debited or credited) (A) Share Capital Account (I) Debited with amount not received (B) Share Forfeited Account (II) Credited with amount not received (C) Calls-in-arrears Account (III) Credited with amount received towards share capital (D) Securities Premium Account (IV) Debited with amount called up
Choose the correct answer from the options given below:- CUET (UG) - 2024
- Accounting for Share and Debenture Capital
- Find out which of the answer figures completes the figure matrix :
- CUET (UG) - 2024
- Image Based
- In the given analogy, choose the word which will replace the question mark: NEGI : MVTR :: SING : ?
- P, Q, R, and S are four wires of resistances 3 Ω, 3 Ω, 3 Ω, and 4 Ω respectively. They are connected to form the four arms of a Wheatstone bridge circuit. The resistance with which S must be shunted in order that the bridge may be balanced is__________
Fill in the blank with the correct answer from the options given below.- CUET (UG) - 2024
- Current electricity
- For the given mixed combination of resistors calculate the total resistance between points A and B.
Choose the correct answer from the options given below.- CUET (UG) - 2024
- Current electricity
View More Questions