Financial System and Economic Development
The functioning of an economy depends on the financial system of a country. The financial system includes banks as a…
Read BBA, BMS, B.Com Syllabus wise Notes
The functioning of an economy depends on the financial system of a country. The financial system includes banks as a…
Encourage Savings: Financial system promotes savings by providing a wide array of financial assets as stores of value aided by…
In order to meet the growing requirements of the Government and the industries, many innovative financial instruments have been introduced.…
Profit of a business for the period prior to the date company into existence is referred to as Pre-Incorporation profit.…
This is also known as Balance Sheet Method or Intrinsic Method or Break-up Value Method or Valuation of Equity basis…
A company can issue its shares either at par, at a premium or even at a discount. The shares will…
A company may receive applications for shares more than the number of shares it has offered to the public. This…
Requirements of Companies Act The following are the requirements of the Companies Act regarding the reissue of forfeited shares: The…
Section 81 of the Companies Act requires that a public limited company, whenever it proposes to increase its subscribed capital…
A partnership is a kind of business where a formal agreement between two or more people is made and agreed…