Posted inBasics What is the purpose of subsidiary ledgers? Posted by admin August 16, 2021 A subsidiary ledger contains the details to support a general ledger control account. For instance,…
Posted inBasics What is a general ledger account? Posted by admin August 16, 2021 A general ledger account is an account or record used to sort and store balance sheet and income statement transactions.…
Posted inBasics Underwriting Agreement Posted by admin August 16, 2021 After the determination of the Issue Price and allocation of our Equity Shares but prior…
Posted inBasics Under Writing of Shares and Debentures Posted by admin August 16, 2021 Underwriting is an agreement, with or without conditions, to subscribe to the securities of a…
Posted inBasics Sources of redemption Posted by admin August 16, 2021 From the point of view of sources redemption may be carried out with the help…
Posted inBasics Different Methods of Redemption Of Debentures Posted by admin August 16, 2021 Though discharge of debenture liability is usually by paying cash to the debenture holders for…
Posted inBasics Non-cumulative sinking fund Posted by admin August 16, 2021 A non-cumulative sinking fund differs from the cumulative type of sinking fund only in one…
Posted inBasics Restrictions on Dividends Posted by admin August 16, 2021 Ø In the case of new company, distribution of dividends shall require the approval of trustees…
Posted inBasics Redemption of Debentures Posted by admin August 16, 2021 Meaning Redemption of debentures is the process of discharging the liability on account of debentures…
Posted inBasics Debentures issued as Collateral Security Posted by admin August 16, 2021 This is the third type of consideration for which company issues debentures. Issue of debentures…