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SHARE CAPITAL & RESERVES

 
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SHARE CAPITAL & RESERVES
ez2xs
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#1
02-18-2006, 03:31 PM
salamz!!
can anybody define these terms of accounting in easy words and with minimum with one example please...

-Share Premium Account
-Statutory Reserves
-Capital Reserve
-General Reserve
-Surplus on Revaluation of Investment & F. Assets
-Share Subscription Money

waiting anxiously for reply....

Thanks & Regards.


O Piaa Janda eee Yarian da dangia....
srsaqib
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#2
02-18-2006, 05:07 PM
You should study "Companies Ordinance 1984"


Saif-ur-Rehman Saqib
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+92 300 278 3602
ez2xs
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#3
02-18-2006, 05:49 PM
YAAR COMPANIES ORDINANCE KI BOOK BOHAT MAHNGI HAI( I CAN'T AFFORD....

O Piaa Janda eee Yarian da dangia....
wasrana
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#4
02-24-2006, 01:15 AM
Well most of them are clear from their name.

IMHO

SPA is and a/c where the ammount exceeding the nominal value of share alloted is credited.

SR is a reserve created to comply a legal requirement.

CR is a reserve created for buying a fixed asset.

GR as it sounds is general reserve, can do anyting with it.

SRIFA is also clear from the name, sec 235 deals with it.

Note Whenever reserves are to be utalised, usually bonus shares are issued.
Sarfaraz
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#5
02-26-2006, 05:24 AM
AOA

yara companies ordinance expensive hai to kia hua?

u can download it from www.secp.gov.pk

Wink

waise purchase kar lo to acha ho ga...

baqi ap ki marzee

There is a will. There is a way.
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