Answer Posted / chandashekhar

1: BRS: Bank reconciliation statement it is explain the difference between cash book and pass book when it is compared.
2: to now the exact financial position of business
3: the main purpose of trail balance is to know the accuracy of books of accounts.
4: Parent Company distributes to its existing shareholders new shares in a subsidiary, thereby creating a separate legal entity with its own management team and board of directors.
5: the exp which is incurred for long period like 5 years+
6: pooling of money form investors and invested in certain investment objectives
7: Becoz profit is liability to business for its shareholders

Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.

2710

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what is mean by tax holiday?

2610

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Does any one attented HSBC audit compliance test? Please let me know asap. suraj

2809

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1) What is the steps of delisting the listed company 2) How to spliting the listed company shares 3) Which way the company should function when it has paidup capital is equal or more than 5,00,00,000/- (I mean which way the company should do it work in the company Act 1956. Is the company have to appoint a CS and and managing director of a any other things which is compulsory for these kind of company which paid up capital is 5,00,000/-

2406

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what is rate of service tax and form no. of service tax ? wt rules of service tax a particuler once .?

2496

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STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS

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How often is the stock market ticker updated? 15sec? 30sec?

2860

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what is the abrevation for JJ in form jj

1950

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I want to validate Customer credit payment with customer invoice, When billing time, the system check the customer credit payment, if customer credit is lesser than customer bill, system should not allow the billing further process. Can I configure in sap

2211

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hat is the meaning of the capital ique,and hat is capital,and ahat is ique

2630

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Information regarding shop & establishment registration of propiertor ship & require document for this

2586

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why your choseing bank of america

2804

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sir i want aao lic exam model question paper

2926

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Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?

2546

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what is meant by search report of the company n why is it prepared?

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