Provision of Bad Debts is made in compliance with the
convention of -----------
No Answer is Posted For this Question
Be the First to Post Answer
what is Functional Specification in SAP FICO?
method of preparing the trial balance ?
What is deference between Revenue and Income
10 Answers Capital IQ, IBM, TVS, ZDG,
expand-------RDS
What is deffered revenue expenditure
expand K V P
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.
HIREPURCHASE VS INSTALMENT PURCHASE
What is the difference between Receipt & Payment Account and Income & Expenditure Account?
9 Answers Accounting, Barclays, ICICI, Tarasons Communications, TATA,
What is Mean By Defered Tax, How To Calculate?
As per the accounting what do you mean by Fixed Assets?
Short answer on____________Assessment Year