Queries for Big4 Articleship : Stipend and tenure of
articleship period. Any leave period for preparation for
exams.
Answer Posted / ramesh
1st year-14976.53/-
2nd year-20796.42/-
3rd year-25964.33/- only
| Is This Answer Correct ? | 3 Yes | 1 No |
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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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