Calls in Arrears
What are the various Calls in Arrears? Describe it.
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Calls in Arrears: Assume that, you issue shares of $ 5,00,000 and out of this you encompass to get $ 1,00,000 in the form of final call. $ 20,000 is not acquired on its due date. That $ 20,000 will be calls in arrears. This is the asset of company and it should be deducted from called up capital for computing net paid up capital that is shown in liability side of balance sheet. Such call in arrears might be of managers, directors or other shareholders.
Write down a short note on the Allocating resources in decision making process?
Performance Measurement: A means of computing effectiveness, efficiency, and outcomes. A balanced performance measurement score-card comprises financial and non-financial measures focusing on the quality, cycle-time, and price. The performance measure
Support Costs: Costs of activities are not directly related with the production. Typical illustrations are the costs of automation support, postage, communications, process engineering, and purchasing.
A) A partnership may be formed either expressly or impliedly, and in each case all the circumstances should be examined in order to ascertain: The intention of the parties; Whether there has been a
Assignment 1: A adjusted Trial balance table given below: Southwest Business School Q : Explain Managerial Cost Accounting Managerial Cost Accounting System: The organization and processes, whether automated or not, and whether portion of the general ledger or stand-alone, which accumulates and reports constant and trustworthy cost information and perform
Managerial Cost Accounting System: The organization and processes, whether automated or not, and whether portion of the general ledger or stand-alone, which accumulates and reports constant and trustworthy cost information and perform
Write a short note on the changing responsibilities of the management accountant?
The final payment in a partially amortized loan. The balloon payment repay the entire remaining principal and is usually larger than previous payments on the loan. Loan that is set up with balloon payments allow the borrower to make the purchase and have a lower payme
Investor Relations: A department, exist in most medium to big public companies, which gives investors with a precise account of the company's affairs. This aids investors to make informed sell or buy decisions. Inv
Three main elements of Partnership: A) Carrying on of a business: • A ‘business’ is any trade, occupation or pr
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