Share application money received in excess of issued share capital should be shown as a current liability. When a company receives share application money in excess of its issued share capital, it represents an obligation to return the excess amount to the applicants if the shares are not allotted. The amount which is yet to be allotted will come under Share application money pending allotment, however amount over and above the issued share capital will be shown as current liability.
When was the Employees' Provident Funds and Miscellaneous Provisions Act enacted?
Which bank has entered into a partnership with Aditya Birla Sun Life Insurance to provide insurance solutions to its customers?
India's first underwater metro expected to be ready by ______?
The capital of Rajasthan is?
According to the National Policy on Biofuels, the Government envisaged an indicative target of 20% ethanol blending in petrol by year_______?
Consider the following statements:
I. Iran and Belarus are likely to be the two newest additions to the Shanghai Cooperation Organisation (SCO)
What led to the permanent closure of the Afghanistan Embassy in Delhi, effective from November 23?
Why did Kenya cancel infrastructure and energy deals with the Adani Group?
Which bank launched a feature-rich Savings Bank product for women called Mahila Mitra Plus which provides a curated set of features, designed to make f...
What is the theme for World Ozone Day in the year 2023?
