INTE3RNATIONAL ACCOUNTING STD

1264

my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1036

Expand-------MUR

1076

I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?

1088

1. Fdr mature with interest

845

Expand CCIT?

1385

what is general HR?

1162

explain Dual entry concept

1035

Expand------ARN

1458

Since minority interest is balance sheet item, and got brought foward figure, how to disclose brought forward figure in consolidation work sheet instead of we make adjustment on current year to show their share in subsidiary.

1070

difference between vat 47 & vat 49

2101

Expand---------NPTO

1063

Can anyone plz. tell me where can i get the proforma application for DAO.I have tried all the links but i couldn't find any application proforma in the notifications.

1008

For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax

1095

How to raise my credit score if I have 500 credit score?

1034