Interested to Buy Any Domain ? << Click Here >> for more details...
Capital Redemption Reserve fund and its uses.
- 1 Answers
- 31650 Views
- Genpact, I also Faced
- E-Mail Answers
Answer / bjanmejai
CRR Pertain to Capital Redemption Reserve fund which is created to secure the creditor & also it is mandatory to create while making the buy back of Share capital,b'coz after buy back the share capital reduce by such amount.(means the owner has paid before the liability being pay of the outsider & this give unsecurity to Creditor, that why it is mandatory to create the same with nominal value of share...)
CRR can be used for as per the Act for Instance... Issue of Bonus share,some extend to the payment of Dividend after approval from Central Government.
DRR is to be created for the payment security of Debenture only.
| Is This Answer Correct ? | 40 Yes | 16 No |
what is MIS report? What is CMS report?
main features of different sources of short-term finance ?
What methods do you use to discover sales opportunities?
How to create a liability for Service Tax in SAP
Why do you want to be an accountant?
Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.
I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan
what is tax deducted at source
hi to all this is sai i attend interview for genpact last week he asked me about BRS :if ur MD issued a cheque for his own insurance premium what u will do? this is the question plz give answer for this
13 Answers Genpact, Uttam Galva,
how to select afile in window vista
what is the difference between an invoice and bill?
1. If i receive one invoice from our contractor on 01.08.10 , but the invoice date 30.07.10. My question is in what date i should take into account this transcation (i.e 30.07. Or 01.08.10) 2. If i receive a cheque from our customer on 30.08.10 but its not possible to deposit in the same date, because of closing of bank hours, it is possible only to deposit the cheque on next day only. In this case which date i should taken for account the transcation.
Audit 
