Would anyone Please explain me the following terms: Authorised capital and Subscribed capital, Preference shares.

In my case: the Authorised capital is 1,00,000/- and the equity share value is Rs. 10/-

and please help me out to fill the following:

(a) Authorised capital of the company ( in Rs.) - 1,00,000.00
Break up of Authorised capital:
Number of equity shares - 10,000
Total amount of equity shares (in Rs.)-? __________.
Nominal amount per equity share-? _________.
Number of preference shares-? ___________.
Total amount of preference shares (in Rs.)-? _____________.
Nominal amount per preference share-? __________.
(b) Subscribed capital of the company ( in Rs.)-? _________.
Break up of Subscribed capital:
Number of equity shares-? __________.
Total amount of equity shares (in Rs.)-? __________.
Nominal amount per equity share-? __________.
Number of preference shares-? __________.
Total amount of preference shares (in Rs.)-? ____________.
Nominal amount per preference share-? ___________.

Please let me know what should be the entry for bribe

how we can show the bribe amount in our books if all the transactions are in white

If a construction company is running a no. of construction contacts / sites and want to record the P&L and Balance sheets for individual sites and also wishes to consolidate the same to head office data so that it can arrive at consolidated P&L & balance sheet of the company as a whole, what is the way to consolidate the data? can it be consolidated in excel sheets and is acceptable to IT dept. or it has to be consolidated in the software with consolidation vouchers?

please note that company is using ready to use software which is meant for single user.

Dear Sir,

We are doing sale and purchase of goods,I need to know at the time of closing of balance sheet why and when do we show the following:

1) Closing stock : credit of Trading account
2) Closing stock : credit of Trading account and assets side of balance sheet.

Kindly suggest me the same because in US accounting I have seen that Inventory is being shown in assets group whether we purchase or sale the goods.

Hi,

Please let me know what is rectification of error with an example.

Hi,

My question is how do you treat work in progress for a construction company in Tally.Please let me know what is the accounting entry and also under which accounting head the appropriate ledger a/c should be created.

Sir

A Firm has not paid TDS from June to Feb.

I Have calculated tds. for Each Month.

Please say how to calculate interest on TDS.

Is their any calculation.Below calculation is right or wrong please reply.

TDS Value x 18% X delay days / 365 days

Regards

WHAT IS THE BENEFIT OF CPT OTHER THAN CA COURSE.

A private ltd. company buy back its shares. Co. had paid to shareholder out of its bank balance. Company has securities premium. Please tell me all journal entries which company has to pass. Also can company buy its shares from CC Account of its bank.

Dear experts

Could you plz. let me know for booking the bad debts in which head