Best Study Notes » Accounts IPCC
Free Coaching Classes for Partnership Accounts - CA IPCC. Partnership as we know is an entity which gets created when 2 or more people enter into an agreement to share the profits and losses of the business, and assume unlimited liability for the said business. In case they desire to undertake limited liability they can get the entity registered as an LLP limited Liability Partnership or as a Pv
What are Debentures and how is their accounting done. Go through this FREE MCH Notes module. Debenture is a kind of debt instrument which is not secured by any physical asset or collateral. This document represents that the person issuing the same owes a debt as notified on this document to the person to whom this debenture certificate has been issued. Free Coaching for CA IPCC Accounts.
Control Accounts refer to those set of accounts which are created to summarize the balances in other accounts. They are normally made for accounts which are dealt with in a subsidiary books of accounts - like Debtors, Creditors, purchase etc. Thus, in GL, only the Control accounts will appear, whereas the individual debtors or creditors accounts will appear in the sub-ledger / subsidiary books li
Best Coaching Class Notes by admin (#1) 352 days ago (Article)
Free Accounts Coaching by MyCoachingHub - A Cash flow Statement, is a part of the financial statement of the company and it shows the inflow / outflow of cash over a period of time. It comprises of 3 parts - Cash from Operating activities, cash from Investing activities and ch from Financing activities.
The words merger and amalgamation are always interchangeably used. Many interpret mergers and amalgamations as synonyms. Indian Companies Act, 1956 does not differentiate between the words Merger and Amalgamation, however there is slight difference in merger and amalgamation. Merger is combination of two or more companies which can be done either by way of amalgamation or by way of absorption. Am
FREE Coaching for Accounts by www.MyCoachingHub.com - a WinningNotes initiative. Hire Purchase refers to an arrangement, wherein the seller does not pass the ownership of the goods to the buyer immediately, rather the hirer agrees to pay a periodic lease / rent for the goods that he intends to buy and once he pays the final intallment amount, he becomes the owner of the asset. Till such time he c
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