Tag Archives | Accounting Treatment

Accounting Treatment for Issue of Shares at Par | India | Company

In this article we will discuss about the accounting treatment for the issue of shares at par, explained with the help of suitable illustrations. When a shareholder is required to pay an amount equal to the face value or nominal value of shares, then such issue of shares is at par. To have a complete […]

Liquidator’s Statement of Affairs | Company

In this article we will discuss about the accounting treatment for liquidator’s statement of affairs, explained with the help of a suitable illustrations. Statement of Affairs to be made to Official Liquidator: As per Section 454 of the Companies Act, the Officers or Directors of the Company under winding up order, must make out and […]

Dividend and Consolidated Balance Sheet| Company

The following points, in respect of dividends, should be kept in mind while preparing consolidated balance sheet: (i) Proposed Dividend: When a subsidiary company proposed the dividend, it debits its Profit and Loss Appropriation Account and credits Proposed Dividend Account. Holding Company’s share of such dividend will appear with the Profit and Loss Account balance […]

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