Interested to Buy Any Domain ? << Click Here >> for more details...
In a private limited company,if owner/shareholder withdraws different amounts from company account, then where should be that amount be accounted for/in which head of account that amount should be placed????
- 1 Answers
- 3709 Views
- I also Faced
- E-Mail Answers
Answer / tapan kumar roy
IN PVT LTD COMPANY ARE THE OWNER OF SHAREHOLDERS. EITHER EQUITY SHAREHOLDERS OR PREFERENCE SHAREHOLDERS,EQUITY SHAREHOLDERS WILL GET THE DIVIDED END OF THE YEAR WHICH IS RECOMEND BY BOARD OF DIRECTORS IN THEIR AGM,PREFERENCE SHAREHOLDERS EILL GET THE AMOUT AS PER THEIR AGREEMENT WHICH THEY AGREED THE PERCENTENGE EITHER IT IS 8% OR 9% WHATEVER IT IS AND IT WILL GET IF COMPANY HAS NO PROFIT EVEN THE COMPANY IN LOSS. ANOTHER PART IS DIRECTOR SO EXECUTIVE DIRECTOR WILL GET THEIR REMUNERATION EVERY MONTH LIKE EMPLOEE AND IT WILL ACCOUNTED AS DIRECTORS REMUNERATION.AND IT IS A PROFIT & LOSS ITEM
| Is This Answer Correct ? | 1 Yes | 0 No |
What is Acquisition?
Hi, I have SBH interview on 28th May, I want to know which general questions will be asked and how many candidates they have called?
Took a loan of Rs.2000 from Sachin for the marriage. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
expand W C T
Expand ________ACCB
What are Accounting Standards
Short Answer on -----Trade mark
what are responsibilities of an accountant in a company?
what is the meaning and abservation of EBITDA
What is the use of final account?
What are the responsibilities of corporate finance officer ?
Expand ------NACo
Audit 
