Capital reserve account has to be shown in the liabilities side of the balance sheet under the

Question:

Capital reserve account has to be shown in the liabilities side of the balance sheet under the heading ____________.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

See More Books

Question Posted: Sep 01, 2023 05:00 AM

See More Questions

Loss prior to incorporation is to be shown in the assets side of the balance sheet under the heading _________.
Mr. Moosa is a famous business man in Ruwi and he doesnt have any support in his business from his family members. As he has lot of money, he planned to start a plastic recycling company. First he...
From the Balance Sheets given below, prepare a Consolidated Balance Sheet of X Co. Ltd. and its subsidiary Y Co. Ltd. The interests of the minority shareholders of Y Co. Ltd. are to be shown in the...
Use the data given in Table to construct a frequency distribution with a first class (in millions) of 50-99. Novel Copies Sold (millions) Don Quixote . . . . . . . . . . . . . . . . . . . . . . . . ....
In a transaction in which the seller of property agrees to take other property from the buyer as part of the sales price, why is the buyer's adjusted basis unimportant in determining the amount...
Explain how internal factors influence consumers decisionmaking processes.
A factory produces an article A; this process yields B and C as by-products. The costs are as follows: Actual joint costs Subsequent cost A B C Material 10,000 1,500 1,300 1,000 Labour 1,600 200 150...
Casey Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing, and shearing. In the Dyeing Department, direct materials (dye) are added at the...
Suppose the Baseball Hall of Fame in Cooperstown, New York, has approached Wantum - Cardz with a special order. The Hall of Fame wishes to purchase 54,000 baseball card packs for a special...
Ramki Ltd. was formed on 1 st May 2008 to purchase the business of Mr. Ram, with effect from 1 st January 2008. While preparing the final accounts on 31 th December 2008, it was assumed that: (a)....
Adjusted time ratio is used for: (a). Salaries (b). Interest paid to vendors (c). Directors fees (d). None of the above
Using the five class intervals 100 to 120, 120 to 140, . . . , 180 to 200, devise a frequency distribution based on 70 observations whose histogram could be described as follows: a. symmetric c....
X Calculate the reaction rate at various conversions, as shown below: FAO -TA -TA 0.2 0.8 Considering that for a PFR: dx V = FAO What is the conversion reached after the 50 m of this PFR?
For decades, leaders have talked about flexible working options, yet only few companies were consistently using these practices prior to the global health crisis of 2020. In March 2020, organizations...
Manatee Corp. has developed standard costs based on a predicted operating level of 352,000 units of production, which is 80% of capacity. Variable overhead is $281,600 at this level of activity, or...
When leaders are facing a crisis or an opportunity, generally, they tend to fall back on the leadership style that has worked for them in the past. Discuss with examples the options that would help...
Data Table the pasteet dollar -X Total sales revenues 2 Number of units produced and sold 500,000 units Selling price nt. $ 230,000 te Operating Income Total Investment in assets Variable cost per...
Listmann Corp. processes four different products that can either be sold as is or processed further. Listed below are sales and additional cost data: Product Sales Value with no further Processing...
What are the key elements of a system investigation report?
Shares are issued A. For cash only B. On credit only C. For cash or for consideration other than cash D. For consideration other than cash only
Profit on re-issue of shares is transferred to A. Profit and loss account B. General reserve C. Capital redemption reserve D. Capital reserve
Till the forfeited shares are re-issued, balance of Forfeited Shares A/c will be shown in Balance Sheet A. As a separate item B. As a part of the subscribed capital C. As an item of reserve and...
(15 points) Stressed $2.500,000 of S% 20 year bands. These bonds were issued Jary 1, 2017 and pay interest annually on each January 1. The bonds yield 3% and was issued at $325 8S! Required (2)...
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for...
1. A company issued 10%, 10-year bonds with a par value of $1,000,000 on January 1, at a selling price of $885,295 when the annual market interest rate was 12%. The company uses the effective...

Capital reserve account has to be shown in the liabilities side of the balance sheet under the

Question:

Step by Step Answer:

Rese...View the full answer

Corporate Accounting

Students also viewed these Business questions