Answer Posted / chalapathi rao govada
Accounting stnadard 21 issued by ICAI
A company which holds or controls the other company either
by share holdings or Majority on Board of directors either
singly or along with its subsidiaries the former company is
known as Holding company.
summary:
One company controls the other company by way of
1)Holding more than 50% of the paid up share capital
2)Holding the majority of on the Board of directors.
either singly or together with its subsidiaries, the first
company is known as holding company and the later company
is known as subsidiary compnay.
AS-21 explains the methodology for preparation of
consolidated financial statements for holding companies to
represents its holdings in its subsidiaries.
| Is This Answer Correct ? | 6 Yes | 2 No |
Post New Answer View All Answers
what are the type of cash flows?
Expand-----RTD
Who to create a budget on software company
Queries for Big4 Articleship : Whether son of CA in practice effects chances.
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
What will be entry pass in tally if TDS paid by Credit Card.?
What are the rates of Depreciation? Like machinery items, wooden items?
Expand---------PDCB
Comments Elements in accounting
Expand-------ANTS
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?
What is the defination of job costing, batch costing and contract costing?
CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c
EXPAND___________INMA
