As per Shedule VI of companies Act 1956, Assets should show
as follows.
I.Fixed Assets
II.Investments.
III.Current Assets and loans and advances.
IV.Miscelenious exp yet to be written off.
what entry to be passed if we have import item from
supplier but in the trasaction some items were broken but
we have not claimed to insurence co & the broken items we
have purchased from local supplier & the value of broken
item is not refundable from first supplier. in this
condition ??? Pls help me
What is the different between each of the following.
a) ordinary shares and preference shares
b) called and uncalled capital
c) bearer debentures and convertible notes
d) floating charge and specific charge