State two essential features of a Private Company. Post category:Accountancy Reading time:1 mins read SOLUTION (i) It restricts the right to transfer its shares; (ii) It limits the number of its members to 200 (exclusive of past and present employees). Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostState two essential features of a company. Next PostState two essential features of a Public Company. You Might Also Like Capital Employed Rs. 10,00,000; Fixed Assets Rs. 7,00,000; Current Liabilities Rs. 1,00,000. There are no Long-term Investments. Calculate Current Ratio. August 12, 2022 A, B, and C are partners sharing profits in the ratio of 5: 3: 2. C died and his share is taken by A. Calculate new profit-sharing ratio of A and B. August 4, 2022 Globe Ltd. issues 20,000, 9% debentures of Rs. 100 each at a discount of 5% redeemable at the end of 5 years at a premium of 6%. For what amount ‘Loss on Issue of Debentures Account’ will be debited? September 29, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Capital Employed Rs. 10,00,000; Fixed Assets Rs. 7,00,000; Current Liabilities Rs. 1,00,000. There are no Long-term Investments. Calculate Current Ratio. August 12, 2022
A, B, and C are partners sharing profits in the ratio of 5: 3: 2. C died and his share is taken by A. Calculate new profit-sharing ratio of A and B. August 4, 2022
Globe Ltd. issues 20,000, 9% debentures of Rs. 100 each at a discount of 5% redeemable at the end of 5 years at a premium of 6%. For what amount ‘Loss on Issue of Debentures Account’ will be debited? September 29, 2022