why companies put ltd and pvt ltd,what is the difference?
Answer Posted / jayasree
Accoring to company accounts public comapny means :
1. They can invite shareholdes to investe in that company,
2. Min number required to start public comp is 7 members,
3. Tansferibility of securities,
4. Distribuition of profits/Losses to the share holders,
5. At the end of the company name it uses LTD (Limited
company).
Where as Private company:
1. They can be started his buisness with 2 members,
2. Company uses pvt LTD at the end.
3. Owners of that comapny should bring the capital by way
of lon and his own property, i.e owner does not have right
to annouse IPO.
4. Owners are enjoy the profit and losses of the business.
Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
What is the difference in accounting and marketing?
a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?
What a deferred asset is and give an example?
What are the functions of manger -accounts and manager-finance?
What are the differences between contrast bookkeeping and accounting
Tell me about a situation where you showed determination?
if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.
what single discount is to2 successive discount of 10%& 15%
Is it compulsary to give TOEFL for applying US visa.
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
Explain financial accounting.
if you are a hard working nature conclude your self?