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wt is stock split, dividends, rights issues,mergers and
acquisitions, and spinn offs?
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Answer Posted / bala
The stock split is nothing but just a part of share issued
to public and rights issues published by SEBI for
particular shares and dividends is the profit is divided
into no. of share and distributed for moreinformation visit
www.shareexchange.blogspot.com
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how to mention last year profit of ay private limited company in current year balance sheet ?
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
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