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Answer Posted / mohammad haashim
calla in arrears is when the share is rs 10. rs 3 on
application rs 2 on first call and rs 3 for second call and
the rest is known as calls in arrears
| Is This Answer Correct ? | 5 Yes | 1 No |
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Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
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