what is the difference between accrual and provision

2 Answers   Genpact,

---

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.

0 Answers  

---

What is the Finalization of Accounts?

0 Answers   EDS,

---

Ramana deposited directly in our Andhra Bank towards deposit for DealershipRs 15000/-Pass entry

6 Answers   Andhra Bank,

---

What cost-cutting measures have you implemented?

3 Answers   GE,

---

.,can someone tell me how to compute the subscribed capital share?

0 Answers  

---

EXPAND___________NTF

1 Answers  

---

Expand --------CAIR

2 Answers   DRDO,

---

what is the formula for profit margin?

7 Answers   Capital IQ, Nalco,

---

can aney one explain it what is spin off / split off ?

2 Answers  

---

how to maintain E-Commerce companies accounts

0 Answers  

---

What do you mean by / what is fund management..?

2 Answers   Big Bazaar,

---