What can be done incase of excess payment of TDS Remittence
than the actual amount? Is there any adjustment towards the
excess amount with the upcoming TDS payment?
what type of account appear on a post closing trial balance?
a) income statement accounts
b) balance sheet accounts
c) cash flow accounts
d) temporary owner's equity accounts
15
what is Future period and adjustment period?
95
What are the factors that come under general office
administration especially if it the industry type is
Software,BPO,Telecoms and constructtions?
64
what are the differences between Tally and Focus?
23
what is Derivative Documentation,Derivative
Settlements,Derivative confirmation?
Occasionally it is said that issuing convertible bonds is
better than issuing stock when the firms shares are
undervalued. Suppose that the financial manager of Decent
Furniture Company does in fact have inside information
indicating that the decent stock price is too low. Decent
furniture earnings will in fact be higher than investor’s
expectations. Suppose further that the inside information
cannot be released without giving away a valuable
competitive secret. Clearly, selling shares at the present
low price would harm Decent’s existing shareholders. Will
they also lose if convertible bonds are issued? If they do
lose in this case, is the loss more or less than it would
be if common stock is issued?
Now suppose that investors forecast
earnings accurately, but still under value the stock
because they overestimate Decent’s actual business risk.
Does this change your answer to the questions posed in the
preceding paragraph? Explain.
A company charity (gross income <?250k) wishes to take
advantage of the audit exemption regime. However, there is
an audit provision in the company's Articles. Should they
be required to change the Articles?