If my company have only 10 lakhs capital, shall we get the
contract amount more than this capital..? or any limit to
get the contract price? and is there any relationship
between capital amount and contract amount?
- 2 Answers
- 4505 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vijay
it is not an issue there is no limit and there is nothing
relation between capital and contract amount
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / giridhar
Capital is a different topic and it is a balance sheet item;
whereas contract is an operational activity, hence no
relationship exists.
| Is This Answer Correct ? | 2 Yes | 0 No |
what is holding companies accounts
STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS
if i want a c form from sale tax department and i have cst number. what would it cost to me.
Benjamin O'Henry has owned and operated O'Henry's Data Services since its beginning ten years ago. From all appearances, the business has prospered. In the past few years, you have become friends with O'Henry and his wife. Recently, O'Henry mentioned that he has lost his zest for the business and would consider selling it for the right price. You are interested in buying this business, and you obtain its most recent monthly unadjusted trial balance which follows: O'Henry's Data Services Unadjusted Trial Balance November 30, 20XX Cash……………………………… $9,700 Accounts receivable……………………… 7,900 Prepaid expenses………… 2,600 Furniture, fixtures, & equipment 151,300 Accumulated depreciation $15,600 Accounts payable………… 3,800 Salary payable……………… Unearned service revenue 6,700 Benjamin O'Henry, capital 137,400 Benjamin O'Henry, withdrawals 2,000 Service revenue………… 14,300 Rent expense…………… Salary expense………… 3,400 Utilities expense……… 900 Depreciation expense Supplies expense…… Total…………………………………………. $177,800 $177,800 Revenues and expenses vary little from month to month, and November is a typical month. Your investigation reveals that the unadjusted trial balance does not include the effects of monthly revenues of $2,100 and monthly expenses totaling $2,750. If you were to buy O'Henry's Data Services, you would hire a manager who would require a monthly salary of $3,000. The most you would pay for the business is 20 times the monthly net income you could expect to earn from it. Compute this possible price. The least O'Henry will take for the business is his ending capital. Compute this amount. Under these conditions, how much should you offer O'Henry? Give your reason. I have the mathimatical part ok , please give reasons on how much and why I they would offer him the amount.
What are the factors that come under general office administration especially if it the industry type is Software,BPO,Telecoms and constructtions?
what is deferred profit ?
Two charities are setting up a joint fund raising operation. How do you account for this?
Is the premium amount included in the subscribed capital of the company.
How many stock exchanges in India
Can we finalize Balance Sheet Without prepare Profit & Loss Account.
What you mean by blue chip companies?
on which time a company secretary has filled his compliance in form no.66?
Audit 
