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describe how accuracy in trial balance is a prime objective for preparing the financial statements?
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Short Answer on _________________City Compensatory allowance
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
Can anyone mail journal entries for me? my Mail id rukmini@live.in
how to calculate share values of a company.
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?
Office cash was stolen? state whether the following transcation is business transcation or non business transcation?
Short Answer on ______Amortization
Have you worked with other on team endeavors
What is the difference between Deffered Tax Assets & Deffered Tax Liabilities
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.
.,can someone tell me how to compute the subscribed capital share?
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
