Month: September 2008

Jokes/Humors Section –Starting Out New

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Humor/ Laughter are good medicine for health! Be happy and cheerful!. Enjoy some of the following humors/jokes. Joke No 1:Employee Test “If you’re going to work here young man,” said the boss, “the number two thing you must learn is that we are very keen on cleanliness in this firm.” “Did you wipe your feet … Read more

Jokes/Humors –Wife & Husband

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Be happy and cheerful !. While studying, enjoy some humors/jokes to enliven your life. The below humors for those can stomach the smartness of women: Joke No:1 Wife Vs. Husband A couple drove down a country road for several miles, not saying a word. An earlier discussion had led to an argument and neither of … Read more

Inspirational/Motivational Proverbs/Quotes

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Be cheerful and positive minded ! Append below some of the famous inspiration quotes or sayings which hopefully can add positive thought(s) or uplift your spirits !

Reading a quote can spark new ideas giving us a new way of thinking or viewing a particular situation.

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Limited Companies:Over-subscription Of Shares Issued

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This article deals with a limited company which has a scenario of over-subscription of shares issued. The accounting entries are shown and an illustration being given for clearer understanding. When a limited company issue shares where the more shares are applied for than those available for issue, it results in the over-subscription of shares. Accounting … Read more

Revision Notes On Limited Companies: Issue Shares On Installment & Method Of Raising Share Capital

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  ISSUE SHARE ON INSTALLMENT Usually issues share in full amount or installment. When shares are issued as installment, an APPLICATION and ALLOTMENT Account is created · Where shares are issued and money is received from applicants at PAR VALUE (a)  Debit: Bank Account      Credit: Application & Allotment A/c  (b) Debit: Application & Allotment … Read more

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