A transfer signed by the transferor, but with a blank for the name of the transferee is called a blank transfer. In a blank transfer neither the transferee’s name and signature nor the date of sale are filed in the transfer form…
A floating charge would be useless if the lender could not convert it into a fixed charge. In certain circumstances the lender can do this and this process is called ‘crystallization’. A floating charge may crystallize or become fixed…
Break even pricing extends the use of marginal cost principle. It is based on the study of break even analysis to determine the effect on profits of changes in cost as a result of changes in the…
Depreciation according to Webster's New World Dictionary, means “a decrease in value of property through wear, deterioration or obsolescence; the allowance made for this in book-keeping, accounting etc." William Pickles in Accountancy…
The consequences of voluntary winding up are that a voluntary winding up shall be deemed to commence from the date or the passing of the resolution to that effect (Sec. 486)…
Co-ownership is distinguished from partnership in the following particulars : (i) partnership is necessarily the result of agreement, co-ownership is not, e.g. where A and B inherit property from C as Co-heirs…
Following tests are important in determining whether a particular expenditure is a capital expenditure or revenue expenditure. These principles are not exhaustive but they serve as guidelines to solve problems…
The most important objectives of the public enterprises are stated as follows…
The following are the main difference between a debenture and a debenture stock:
The following are the main difference between a debenture and a share:
A company for its extension and development may require to raise funds without increasing its share capital. The company may invite the public by open declaration to lend money for a fixed period at a declared rate to be paid on such money.
The main difference between forfeiture and Surrender of Shares are as follow
The main difference between Calls in Arrears and Calls in Advance are as follows:
Some of the most probably questions on Company Accounts Share Capital which are generally asked in various college and graduation degree examination are as follow:
Learn about the correct procedure of Journal Entries for Issue of Shares.
As crass as it sounds, business managers get paid to make profit happen. Management literature usually stresses the visionary, leadership, and innovative characteristics of business managers