The upcoming discussion will update you about the differences between private and public company. Difference # Private Company: 1. The minimum number of members required to form a company is two. 2. The maximum number of members must not exceed fifty. 3. It must have two directors. 4. Shares are not freely transferable. 5. It can commence business as soon [...]
The upcoming discussion will update you about the difference between shares and debentures. Difference # Shares: 1. Shares denote the owned capital of a Company. 2. A shareholder is a part proprietor of a Company. 3. A shareholder gets dividend, which shall be payable out of undistributed profits. 4. A shareholder cannot receive any dividend unless the Company makes a [...]
The upcoming discussion will update you about the difference between fund flow statement and balance sheet. Difference # Fund Flow Statement: 1. It is dynamic in nature. It shows the changes in financial position between two dates. 2. It incorporates items causing changes in working capital. 3. It is a management tool for financial analysis and help in decision-making. 4. [...]