Answer Posted / rraghu142
share premium means , a company can issue the share face value
or face value with extra value .in this case while co issued
more then the value of it s sharew that time share premium
credited
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Tell me what is working capital?
how to pass journal entries for reverse tax on input tax paid
Differentiate accounting and auditing?
Tell me the stages of double entry system?
Tell me do you think accounting standards are mandatory and why?
Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm
Define dual aspect term in accounting?
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
Do you know partitioning in accounting?
Explain different branches of accounting?
Explain what is account receivable?
Tell me how can you define departmental accounting?
hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?
What are the accounting entries for branch accounts?
how to reduce the interesting giving to debts ?
