01 May 2010
please following queries are given below: 1. capital employed 2. bonus or right issue shares. why not consider at the time of paid dividend. 3.what is trail balance. 4. what is difference between provision for taxation and income tax payable and why to create "provision".
07 May 2010
Hi rajesh, 1. capital investmnt necesary for the functioning of business. 2.Question not clear. 3.Trial balance shows the closing balance of all the GL.(refer wikipedia)
4.provision for tax is necessary to book the tax expense in same year. provision for tax show the tax return filed amount and it become payable when it is due...
08 May 2010
provision for tax is based on estimation or not. and what differenc is income tax payable.
suppose i paydividend why r not consider bonus issued and right issue. for eg. mr a shareholder 2000sh @10each and +bonus sh.10 and right issued 5sh then we only calculate to pay dividend only 200ah not bonus issued and right. please explain briefly.
CAclubindia
