What is promoters?
Answers were Sorted based on User's Feedback
Answer / ashid puzhakkal, m.com.,b.ed.
Promoters are the persons who bring the company into
existence. The bring the idea to start the business,
conduct detailed investigation, and make necessery
arrangements for registration of the company, and also for
rasing capital for the company
| Is This Answer Correct ? | 26 Yes | 1 No |
Answer / kuldeep srivastava
Promotors is a person whose shows the scheme of a company,
prepare the mamorandom of association and articles and
gets registered.
| Is This Answer Correct ? | 15 Yes | 2 No |
Answer / pranjal
Promoters means a person who generate idea of incorporating
a company and takes all the effective steps to incorporate
it.The term promoter includes a person who conceives the
idea of formation of a company,does the preliminary work
for formation of the company.
| Is This Answer Correct ? | 12 Yes | 2 No |
Answer / khanyi
is someone who is an active suppoter and advocate
| Is This Answer Correct ? | 3 Yes | 3 No |
Calculate the current assets from the following information A>credit sales Rs.2,00,000 B>G.P.ratio 20% c>stock turnover 5 times. D>Current liabilities Rs.60,000 E>Quick ratio 0.75 Stock at the end Rs.5000 was more than the stock in the beginning.
fiscal year variant Vs posting period variant
What is Standard Cost?
What will be the entry for transfer of fixed deposit amount to their current a/c. (ie. if we hav a FD of Rs.600000 with the bank, we need to close the FD and transfer the amount to the current Account. kindly provide me the entry for this.
HOW TO MAINTAIN BANK A/C
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
ACCOUNTING GOALS
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?
Differents between Equity Share and Preference Share Capital?
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Please anybody explain me debit note & credit note & their importance in accounts?
Expand ------PUC