What is the meaing of holding Holding company?Give one example?
Answer Posted / syed iliyas
The company which gain the authority to manage the other
company by creating its own board of directors by owning
the voting stock of 51% is called the holding company
| Is This Answer Correct ? | 14 Yes | 1 No |
Post New Answer View All Answers
How do we calculate the cost of investment?
What is the importance of accounting standards?
credit card expenses entry kisme pass karenge
Explain what are the accounting events that are frequently involved in compound entries?
How to prepare in yearly turnover?
Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.
What is the depreciation rates for all the assets?like plant & Machinery,computers,software,land & buildings
Trial balance as on 31st March, 2014 Particulars Debit Pula Particulars Credit Pula Wages 14 100 Dividends received 4 300 Salaries 13 000 Bank overdraft 41 000 Opening Stock 40 000 Returns 1 000 Machinery 49 000 Creditors 14 200 Investments 30 700 Sales 258 500 Drawings 23 000 Capital 30 000 Purchases 130 000 Returns 2 000 Debtors 18 000 Advertising 13 400 Interest 4 800 Cash 11 000 349 000 ======= 349 000 ======== Additional information: 1. Closing stock is valued at P53 000. 2. Wages include P350 being advance against wages. 3. Wages include P1 000 paid for erection of machinery. 4. A purchase of stationery for P430 has been inadvertently included in the Purchases account. 5. A sale of investments with a book value of P2 600 for P2 500 has been included in the Sales Account. 6. Salaries include P150 per month paid to the proprietor’s domestic servant. 7. Machinery is to be depreciated by 10 per cent. Required: a. The revenue statement (Trading and Profit and Loss Account) for the year ended 31st March 2014 and b. Statement of financial position (Balance Sheet) as on 31st March, 2014.
Tell me what is the difference between accumulated depreciation and depreciation expense?
Can you name any other accounting application?
Tell me different branches of accounting?
What we have to post entry for payroll processing ? (Indian payroll)
Tell me what do you believe makes a successful account executive?
List out some of the examples for liability accounts?
X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?