The largest source of revenue in India is (1) Sales tax (2) Excise duty (3) Income tax (4) Corporate tax
22 104264The highestbody wch approves the Five-Year Plan in India is the 1 Planning Commission 2 National Development Council 3 Finance Ministry 4 Union Cabinet
10 18523please sent to me the model question papers for andhra bank clerical grade 2nd paper i.e descriptive model questions.
1837hi every one i also passed exam and called for interview on 15th october. if any one atten the interview on 13th pls post the question what they are asked plssssssss....
1 3899what is the marks required for a general category to score in the SSC Section officer audit exam 2008 for being in the top position in the merit list?
7 9562Post New Indian Overseas Bank Interview Questions
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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.
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