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Answer Posted / mohd tariq
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What Question ask in MARKIT Company?
Example for extra ordinary expenditure?
What is DECR And for wt it is used?
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.
1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
what is the difference between speculation & investment?
For what purpose ERS is used for?
what is the nature of bill receivable and consignmenta/c
What is meant by advance ruling? What is the scheme of advance rulings?
Expand-------IETF
how to do the recurring entries or steps to follow that
what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?
what is waybill key number & how can it be issue?
Expand---------PSRT
