Answer / gagan saini

Single entry system has limitations if adopted somewhere, like it become difficult to trace the error of omission or to verify the truthfulness of balances. Hence SES may be adopted fictitiously but not full proof.

Answer / shanthi

yes

Answer / vikky

According to companies Act,2013 books of accounts must be according to double entry system

Answer / aisha

Single entry accounting (single entry system, or single entry bookkeeping) is a simple form of bookkeeping and accounting in which each financial transaction is recorded with a single entry in a journal or transaction log.

Answer / suresh pandey

following single entry only small scale industries example - jewelery, provision store -------.

why share issued over the par value? or why issue share by share premium?

5 Answers  

what is contra entries defination and meaning and some example

3 Answers   Infosys,

please tell me about Advance Bank Gurantee & Performance Bank Gurantee

3 Answers   TATA,

What is the difference between authorized capital and issued Capital of a private limited company incorporated in Hong Kong

3 Answers  

I am forming a Pvt. Ltd. company with total 4 no. of directors including myself. I'll be providing all the financing via. initial capital investment + operating cost. We have mutually agreed to keep percentage as - 55% myself and 15% each of other 3 (15x3=45%) now my questions are : 1. What if one person backs out at any given point, what are implications and what would happen to his share of percentage ? 2. What should I do to keep a control on decisions and financial matters in case any of the directors cheats/wants to leave? (as my money will be on stake)

1 Answers  

Information regarding shop & establishment registration of propiertor ship & require document for this

0 Answers  

If you have a charitable company, limited by guarantee, and a trading subsidiary, which is also a company, how do you consolidate the accounts?

1 Answers  

What is preferential order of payment to the following in the event of winding up a company? What is the correct order??? 1.Bank loan(secured) 2.Preference share capital 3.Debentures 4.Equity shares

1 Answers  

What is claim ratio ?

2 Answers  

can company can follow single entry system

5 Answers   SSI Small Scale Industries, Triveni,

Can I pay to electric company in cash for a quotation where the amount is more than Rs20000?

2 Answers   wbsedcl,

which document to be require to registration of Shop & establishment of Propiretor Ship?

2 Answers