Tag Archives | Companies

Winding Up of a Company | Accountancy

The winding-up or liquidation of a company means the termination of the legal existence of a company by stopping its business. Under the circumstances, the assets of the company are disposed of, the debts are paid-off out of the realised assets or from the contributions made by its members, and the surplus, if any, is […]

Top 6 Problems on Liquidation of Companies (With Solutions)

Are you looking for problems and solutions on liquidation of companies? You are in the right place! In this article we have compiled six selected accounting problems on liquidation of companies with its relevant solutions. Contents: Preparation of Liquidator’s Statement of Account Preparation of Liquidator’s Cash Account and Liquidator’s Final Statement of Account Preparation of […]

Top 5 Problems on Final Accounts of the Companies

Are you looking for problems and solutions of final accounts of the companies? You are at the right place! In this article we have compiled top five accounting problems on final accounts of the companies with its relevant solutions. Contents: Preparation of Profit and Loss Account, Profit and Loss Appropriation Account and Balance Sheet of […]

Liquidation of Companies: Top 10 Problems (With Solutions)

Are you looking for problems and solutions on liquidation of companies? You are in the right place! In this article we have compiled top ten problems on liquidation of companies along with its relevant solutions. Contents: Preparation of Statement of Affairs to the Meeting of Creditors Preparation of Statement of Affairs to the Meeting of […]

How to Prepare Final Accounts of Companies? | Accounting

The following article will guide you about how to prepare final accounts of companies. We know that there is no hard and fast rule of preparing accounts of a sole proprietorship firm. But according to Sec. 209 of the Companies Act, every company is to prepare its Profit and Loss Account and Balance Sheet at […]

Final Accounts of the Companies: Top 5 Problems

Are you looking for problems and solutions of final accounts of the companies? You are at the right place! In this article we have compiled top five accounting problems on final accounts of the companies with its relevant solutions. Contents: Final Accounts Including the Computation of Depreciation, Managing Director’s Remuneration and Provision for Taxation Final […]

Final Accounts of the Companies (With Solutions) | Accounting

Are you looking for problems and solutions of final accounts of the companies? You are at the right place! In this article we have compiled top five accounting problems on final accounts of the companies with its relevant solutions. Contents: Calculating the Remuneration Paid to the Directors Preparation of Profit and Loss Account of a […]

Top 3 Problems on Final Accounts | Examination

Are you looking for problems and solutions of final accounts of the companies? You are at the right place! In this article we have compiled top three accounting problems on final accounts of the companies with its relevant solutions. Contents: Final Accounts Including the Computation of Managing Director’s Remuneration Preparation of Final Accounts of a […]

Weighted Average Cost of Capital (With Formula)

The CIMA defines the weighted average cost of capital “as the average cost of the company’s finance (equity, debentures, bank loans) weighted according to the proportion each element bears to the total pool of capital, weighting is usually based on market valuations current yields and costs after tax”. Cost of capital is the overall composite […]

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