Qualification > Commerce
Accounting help ???
~ Miss Relina ~:
guys what does the X% mean and when it is used in the following ???
1000000 X% prefernce share of $1 each
Dasith:
--- Quote from: Relina on June 05, 2011, 02:21:07 pm ---guys what does the X% mean and when it is used in the following ???
1000000 X% prefernce share of $1 each
--- End quote ---
can u post the link to the question plz , i cant seem to make a head or tail of it with this :O :S
~ Miss Relina ~:
--- Quote from: Dasith on June 05, 2011, 02:25:47 pm ---can u post the link to the question plz , i cant seem to make a head or tail of it with this :O :S
--- End quote ---
well iexpected that well they askedabt making P&L appropriation account
and they brought at the start of the question the following:
authorised and issued share capital $
50 000 ord. shares of $0.050 each 25 000
100 000 10% prefe. shares of $1 each 100 000
so what should be the pref.share dividend that's all ???? tell me if uneed any info.
Dasith:
its $10000 ,
its 10% of the total preferace shares
~ Miss Relina ~:
--- Quote from: $~SauD~$ on June 05, 2011, 01:55:27 pm ---stay calm and give the paper ;)
Some tips i guess...
AED (Assets Expenses Drawings) - Whenever these values are increased they are Debited and when decrease it is credited... :)
LIC (Liability Income Capital) - Whenever these values are increased they are credited and vice versa :)
Peace out :)
--- End quote ---
i will try to follow ur tips *sir* ;D
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