Answer Posted / heta bijalani
Amalagamation means two or more companys subsidiaring
another company with maxium shares held with the company is
know as subsidiary company
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
If balancing account is not assigned to company & is assigned to department wat will be the effects
Aptitude Test Questions
What is trial balance? What does an accurate trial balance suggest?
What is dividend warrants?
When we paid TDS on commission how will journal entry come
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.
What is the difference between cfa and csa?
Key difference between indian accounting standards and international accounting standards is.
cash credit taken from bank then what is the general entry?
Define trade bills?
what is the nature of profit and loss approprition account.which entity prepare this.
Detail your responsibilities in accounts receivable
Mention what does the investment of personal assets by the owner will do?
Do you know compound journal entry?