For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?

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what is journal entry for cash received

11 Answers  

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HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.

0 Answers  

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Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why

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what is the D.V.T. rate from 1/10/2009

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Tell me what does the investment of personal assets by the owner will do?

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mr.atul purchased a dress for his son amounting to rs 725/- from dress point by paying cash from the office. We entered in this trasaction to which voucher?

7 Answers  

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what is Goodwill? What kind of Asset for the company?

5 Answers   Accenture,

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Key difference between indian accounting standards and international accounting standards is.

0 Answers  

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what is the definition of derivative, what is a security?

2 Answers  

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difference between Reserve capital and capital reserve

6 Answers   Capital IQ, VPT,

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which date is effected in books related bank reconciliation transaction date or value date?

4 Answers   Wipro,

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