Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / masif130289
Accrual means Outstandig and it is liability
| Is This Answer Correct ? | 11 Yes | 2 No |
Post New Answer View All Answers
If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not
What is the Memorandum voucher?
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations
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.
what are valuation accounts?
what is article of association? what is memorandum of association?
is indian bank or canara bank CBS brach?
what are the difference between banking institutions and financial institutions?
Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?
how there prepare bank interview
What is limit of turnover for registering under CST & limit of Form 'C '
How good are you at Finance?
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?
what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??
