Two companies A & B are merged into C. Where B is a subsidiary of A, and all three companies have common directors. Under the pooling of interest method of merger accounting, Is canceling both Share capital and Securities Premium correct or do we need need to cancel only share capital?
whether a company can receive amount from party in Loan bank account or to avoid to receive amount from other party, Is any consequences on receive from Party.
A shareholders received shares , in the Financial Year by which mode shares can be obtained Please reply.
such as Bonus, split of shares etc.
In the books of individuals because extra shares received how to identify from which means received.
how to make journal entry of shares received on demerger of shares by the shareholders in books of accounts. and what would be the cost of shares received.
What will be the accounting treatment when material is return after payment has been received ?
whether Interest income annually can be booked.
I saw some company annually interest booked, is correct practice.
Diwali Bonus paid to factory workers comes under which head Direct or Indirect?
Interest received from Central Depository systems,
deemed from which received and is taxable income.
Wallpaper work done at office premises is revenue expense or capital expense?? amount of expense is around 40,000/-
Hi Sir/Ma'am,
I have some questions regarding stock valuation at the end of the year.
1.Why do we add direct expenditures in closing stock valuation? Like Fabrication, Scaffolding Exp. etc.
2.Should I book unbilled revenue for the work already done till march for which bill were raised in April next year or i should simply show it in WIP and does not book unbilled revenue?
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
Is Securities Premium CANCLED or TRANSFERED under merger under Pooling of interests methord