dipak


{ City } ahmedabad
< Country > india
* Profession * audit/tax assistant
User No # 70819
Total Questions Posted # 0
Total Answers Posted # 5

Total Answers Posted for My Questions # 0
Total Views for My Questions # 0

Users Marked my Answers as Correct # 43
Users Marked my Answers as Wrong # 11
Questions / { dipak }
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Answers / { dipak }

Question { Pepsi, 20386 }

What are the main differences between corporate debt and
equity? Why do some firms try to issue equity in the guise
of debt?


Answer

corporate debt requried to pay fixed rate of interest and
it is mandentory in nature.however,on equity company may
pay dividend or not as the case.
At the time of liquidation corporate debt
have preferntial right and equity holdre have secondary
right after debt.
payment to corpo. debt is compulsory in
nature they has to paid even by calling money from equity
holder.payment to equity share holder has to made out
current profit or accumalted profit of company.

Is This Answer Correct ?    6 Yes 3 No

Question { Bank Of America, 18439 }

WHAT DO U MEAN BY DIVIDENDS. WHAT IS THE TYPE OF DIVIDEND
AND IS THIS PROFIT OR INTREST?


Answer

dividend is distribution of profit and it is paid by
company out of current profit or accumalted profit.

Is This Answer Correct ?    34 Yes 2 No


Question { JPMorgan Chase, 17653 }

Why do call p&la/cas a P&l a/c ?, why not P{or}L a/c


Answer

at the time of drafting P&L a/c we are not in knowledge
that wheather at the end of accounting year there is loss
or profit with certainity. there may be loss or profit at
the end of A.Y

Is This Answer Correct ?    2 Yes 4 No

Question { JPMorgan Chase, 17653 }

Why do call p&la/cas a P&l a/c ?, why not P{or}L a/c


Answer

we don't know at time of drafting p&l a\c that at the end
of a/c period we will get p or l.further some item ln p&l
a/c there may gross loss or profit but at the end it will
be net profit or loss.

Is This Answer Correct ?    0 Yes 2 No

Question { 5079 }

what is payroll


Answer

Payroll means a list of employees and their salaries and
other allowances

Is This Answer Correct ?    1 Yes 0 No