Explain the difference between the authorized share capital, allotted share capital and called-up share capital of companies.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
1 Authorized nominal share capital This refers to the types nominal val...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Introduction To Financial Accounting
ISBN: 978-0077138448
7th edition
Authors: Anne Marie Ward, Andrew Thomas
Question Posted:
Students also viewed these Accounting questions
-
Effects of Stockholders Equity Transactions on Balance Sheet The following transactions occurred at Hilton Inc. during its first year of operation: a. Issued 10,000 shares of common stock at $10...
-
Explain the difference between share of customer and customer equity. Why are these concepts important to marketers?
-
The authorized share capital of the Alfred Cake Company is 100,000 shares. The equity is currently shown in the companys books as follows: Common stock ($.50 par value) . $40,000 Additional paid-in...
-
Assume a companys estimated sales is 27,000 units. Its desired ending finished goods inventory is 5,000 units, and its beginning finished goods inventory is 3,000 units. What is the required...
-
VaultOnWheels Corporation operates a fleet of armored cars that make scheduled pickups and deliveries for its customers in the Phoenix area. The company is implementing an activity-based costing...
-
For the following aspartase reaction (see Question 28) in the presence of the inhibitor hydroxymethylaspartate, determine KM and whether the inhibition is competitive or noncompetitive. V No...
-
Refer to the information in Exercise 16-12. Prepare a process cost summary using the FIFO method. (Round cost per equivalent unit calculations to two decimal places.) Data From Exercise 16-12 The...
-
Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are budgeted for the first quarters operations. Machine setup, indirect materials ........ $...
-
Explain entity integrity and referential integrity rules in relational model. Show how these are realized in SQL.
-
Randolph Company reports the following information pertaining to its operating activities: During the year, the company purchased $135,000 of direct materials and incurred $22,000 of direct labor...
-
Describe the contents of the statutory books of companies. What is the purpose of each of these books?
-
Explain with an example the difference between current liabilities, provisions and contingent liabilities .
-
Here are comparative balance sheets for Velo Company. Additional information: 1. Net income for 2014 was $93,000. 2. Cash dividends of $35,000 were declared and paid. 3. Bonds payable amounting to...
-
My Custom Shop, Inc., (MCS) bought an 18-year-old Ford Ranger truck with 178,000 miles at auction for about $1,300. MCS made several improvements to the vehicle and then sold it to Seth Kiewiz for...
-
How does negligence-based product liability differ from strict product liability?
-
Fine Textiles, Inc., sells cloth to Gail by showing her a sample that Fines salesperson says is the same as the goods. This statement is a. an express warranty. b. an implied warranty. c. a warranty...
-
Eagle Equipment sells motor vehicle parts to dealers. In response to a dealers order, Eagle ships a crate with a label that reads, Crate contains one 150-horsepower diesel engine. This statement is...
-
B&B Sales, Inc., sells drones. A B&B salesperson claims, This is the finest drone ever made. This statement is a. an express warranty. b. an implied warranty of merchantability. c. an implied...
-
During a period of relative inactivity, the average rate of transport of enthalpy by the metabolic and digestive waste products leaving the body minus the rate of enthalpy transport by the raw...
-
Which task is performed by a book-keeper? A. Analysing the trading results B. Entering transactions in the ledger C. Preparing year-end financial statements D. Providing information for...
-
Tomasco and Wooten Companies had the following balance sheets at December 31, 20X8 ($ in thousands): On January 1, 20X9, Tomasco purchased 100% of the common stock of Wooten for $225,000. 1. Prepare...
-
Giannacarro, Inc., purchased 100% of the common shares of Arietta for $290,000 on January 1, 20X7. Ariettas balance sheet just before the acquisition was as follows ($ in thousands): Cash...
-
Before its acquisition by Royal Dutch Shell, Pennzoil Company held a portfolio of trading equity securities that cost $660,100,000 and had a market value of $955,182,000 on January 1. Assume that the...
-
3) Find at least 3 syntax errors in the following program. Circle each error's location, and write a few words describing the error, next to your circle: // Silly test example program with syntax...
-
Write a program named PointToPointDistance that reads in the x- and y- coordinates of two points and prints their distance from each other. There are no prompts or output labels. So, if the input was...
-
Let P(x | C;) ~ N(;, ) for a two-category, one-dimensional classification problem with classes C1 and C2, P(C) = P(C2) = 1/2, and > . (a) Find the Bayes optimal decision boundary and the...
Study smarter with the SolutionInn App