what is upper circuit & what is lower circuit? please guid
with an example?
Key difference between indian accounting standards and international accounting standards is.
Cheque in hand is current asset or fixed asset...?
how to calculate closing stock?
Dividends are usually paid as a percentage of ______ (a) Authorized share capital (b) Net profit (c) Paid-up capital (d) Called-up capital
entry tax calculate on purchase +freight inward or not
How to do accounting entries in Accounts Payable
Tell me what are the activities that includes in cash flow statement?
what is "goodwill" reserve and surplus and reserve with example
where should the closing stock amt will effect in p & l & in b/s
what is vendor setup?why it is required in accounts payable process?
Sanjay Ltd invited applications from the public for the issue of 10,000 equity shares of Rs. 10 each at a premium of 20%, payable Rs. 3 on application; Rs. 5 on allotment including premium and the balance in two calls of an equal amount. Applications for 15,000 equity shares were received. The directors allotted 10,000 shares to all the applicants on pro-rata basis adjusting the excess application money towards allotment. All money due on allotment and calls were received. Give journal entries to record the above transactions in the books of the company. Also show the balance sheet.
difference between outstanding and accrued exp.?