Answer Posted / mohan verma
capital which is unreserved and can laid off any time is
called reserve capital.
# note : the meaning of the word reserve is bit
contradictory with its meaning ...
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
What is fair value accounting definition?
Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time
Define social responsibility accounting
What do you debit and credit if discount allowed is underrated?
I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.
can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?
What are the 4 phases accounting?
Explain fictitious assets?
How to show Airticket Expense on Company's A/c as Company expense
What do you know about this position?
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
What does the standard journal entry includes?
What is an accounting transaction?
Anti Takeover policies
we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?