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WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
How many types of routing?
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.
a trader sold an article for Rs 714/-after allowing discount of 15%.If not allowed discount he would have make 20%profit. If so what will be thwe cost price of the article
what is Credit derivatives,equity derivatives,SWAPS?
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
what is the diff between reversal and cancellation entries?
what is inflation?
27 Answers Capital IQ, Pixnet Communications,
what is provision?
You are a science gradute, but why did you come in accounts field?
Expand GDP?
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