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who are minority share holders or what is minority
shareholders?
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Answer / priyank kaushik
Minority shareholders are shareholders who have minority
stakes in a company that is controlled by a majority
shareholder. A shareholder holding less than 50% of the
voting rights attached to the equity and accordingly
subject to the control of another shareholder or group of
shareholders with the majority is knon as minority
shareholder.
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Answer / arvind kulkarni
Equity holder of a firm who does not have the voting
control of the firm, by virtue of his or her below fifty
percent ownership of the firm's equity capital
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DEAR ALL, HOW TO ACCOUNT THE SALARY ADVANCE A/c. I HAVE TAKEN AN ADVANCE OF Rs.25000/-. I HAVE DEBITED SALARIES ADVANCE A/c AND CREDITED THE PETTY CASH A/c in TALLY. I dont't know whether it is correct or not. If correct, in my individual ledger no entry is reflected. Alternatively, if I debit my self and credit petty cash a/c it is reflected in the P & L Account, but it is not an expense. and not reflected in the balance sheet, but reflected in P & L. I think I need to put a journal entry. Like debiting the salary account and crediting the salary advance account. Is this correct or not? Can any one help me please. my mail add: cdvijay100@yahoo.co.in or kmlnkml@live.com
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