Acquired shares of X company worth 100000, company declared 10% as dividends, but not paid to u. Now what entry u pass while purchasing those shares, what entry u pass when company declared dividents but not paid, and what entry u pass when u receive the dividend..?
1 2506How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
1267Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
1032Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
1 5264How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
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What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.
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