If i have to sell the existing Business of Mine, What are
the calculation for this ??
Answers were Sorted based on User's Feedback
Answer / b.s.omkareshwar
First of all,assets and liabilities of company being sold is calculated.Settle tax liabilities,if any.
Distribute the profit or loss on sale of company to share holders (because ultimately shareholder are the owners)
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sajid khan
I, M.A.SAJID KHAN
IF any business is saling out the may me on two conditions
one is he may be solvent and he may be insolvent. On both
conditions they make some calculations they are
prepair revaluation account.
prepair liabilities account
fixed assets account
capital account
Is This Answer Correct ? | 0 Yes | 1 No |
In the income statement we may get profit or loss but the name of the statement was Profit and Loss account Why it was so?
1 Answers Satyaki Educational Academy,
I Give a Cheque for IPO in Saving Bank Account , What entry in tally accounting softwer With Example
Who is debtor purchaser
what is the relationship between bookkeeping and accounting?
Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 5) If cheque is received from the tenant, journal entry=? 6) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.
what is difference between share and equity
How Can We Differ Horizental & Vertical Balace Sheet? Explain.
Is the Bills payable is personal account ?
2 Answers Income Tax, Josts Engineering Company,
In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?
Financial Management What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hands to meet its obligation at all times?
why the accounts as personal real and nominal
what is a difference between Sale as per return or sale as per book.. please explane it..