Post New Answer View All Answers
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.
what are the type of cash flows?
EXPAND______________ICT
why gross profit transfering to profit & loss account
Name some errors which can be detected by Trial Balance
what are the important steps to take during the conversion of an accounting system.
What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.
purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest
You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?
please give the sbi bank clerk exam paper model in last five years?
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
what is corporate accounting?
Short Answer on __________Leverage
Expand BEMS
how will i develop my fears in interviewd?
