Answer Posted / kumar ravi
debenture is promise to the debitors by the company when
company doesn't have sufficent amount to run the
business,in this situation company issue debenture
surtificate to the debitors.debenture holders are given
first priority to pay back principal amount with certain
rate to interest.debenture holders are profiter/safer than
share holders
Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
what is a reducing balance method and depreciation fund investment method and 2 diffrences?
legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?
Define Bill of Exchange
what is general HR?
let me know the minimum Accounting Heads in an accounting system
WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
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.
Why do you want to work for us?
company accounts introduction?
what are the suggestions to control NPA in rural areas?
What is the New GL concept? how do you configure new GL a/c?
What is meant by Revenue Loss
how to do the finalise of account? what is the step? why we need to do like that?
Can i make invoice when my client apply for TIN Number ?
What is the relationship between, issued share capital, share premium and paid up capital?