how two calculate capital a/c
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Answer / prasad deshmukh
total asset(-)total liabilities(-)Reserve & surplus
| Is This Answer Correct ? | 18 Yes | 4 No |
Answer / ravi
current assets -current liabilities we get working capital
by using this formulae we get capital invested so depending
up on the investment they invested in the company thir
profits will be accordingly
| Is This Answer Correct ? | 12 Yes | 5 No |
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Alpha Co. issued to the public for subscription 40000 shares of rs 10 each at discount of 10%payable as rs. 2 each on application, allotment and first call and rs.3 on the final call. Applications were received for 60000 shares and allotment was made pro-rata to 80% of applicants. R to whom 2000 shares were allotted paid only the application money, and S who had applied for 3000 shares,paid the entire call money due along with the allotment. pass journal entries to record the above transaction.
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20 Answers HBL Power Systems, Satyam,
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