The company has incurred Preliminary expenses. As per old
Schedule VI these are to be shown under the head MISCELLANEOUS
EXPENDITURE in Assets side of Balance Sheet. Now where to show
these expenses under revised Scheduke VI.
Hi I would like to know about TDS on Service Tax invoices.We are in rental basis shopping mall.We will raise the bill with service tax.2 types of invoice
1 Rental Invoices with service tax
2. Comman Area charges with service Tax
Please let me know how the tenant need to deduct the TDS
On gross or Basic.......?
what is correct accounting treatment for preliminary exps and
pre-operative Expsas per AS 26? or any other applicable AS?
Does provisions need to be subtracted from reserves if net
worth is calculated on the basis of share capital based method
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 investorís
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 Decentís 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 Decentís actual business risk.
Does this change your answer to the questions posed in the
preceding paragraph? Explain.