What do you mean by SPOT Rate in case of Foreign
Branch...???
Answer / anubhavbansal2002
SPOT rate means rate prevallng on the date of purchase of a
fixed asset or incuring any long term liability.
Is This Answer Correct ? | 3 Yes | 1 No |
What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times
WHAT IS 'MORTGAGE AND REVERSE MORTGAGE'?
3 Answers BA Continnum Solutions,
Distinguish between straight line and diminishing balnce methods in calculating depreciation
1. what is responsibility of inword & forward agent ? 2. how to control cash expenses give five step ? 3. what is Vat 3. how many type of depreciation
balance sheet means what?i hav to make 1 software in tat i hav to convert accounts data to tally balance sheet format?
The company asset(tempo)was sales, how to make sale tax return. and other entrys in tally.
What is capital gains?
what is capital budgetting?
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.
Can I freeze my account?
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WHAT IS 'ABSORPTION AND CONSOLIDATION'?
1 Answers BA Continnum Solutions, Bank Of America,