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Q: Is capital none and mbna same company?
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Continue Learning about Accounting

Is treasury stock the same as capital stock?

Treasury stock is contra of capital stock used by company to purchase own capital stock to reduce the paid in capital.


What is capital subscription?

a public company can raise the required funds from the public by means of issue of shares and debentures. for doing the same,it has to issue a prospect which is an invitation to public to subscription to the capital of the company and undergo varous other formalities


What is the difference between capital and asset?

capital:-profits made by a company which is used to extend its business further for ex. money required to buy resources such as power,raw material,benefits to share holders as incentives,payment to employees. assets:-assets are something of moral importance for a company to get goings in terms of business for ex any pool of employees can be an asset for company or for a loan taker his home can be an asset such that by selling it he get same money he had taken the loan or a company's share holders can be the assets . alternately, assets generates capital in form of cash.


Is capital budgeting and capital investment decisions are same?

Yes it is the different names which are used interchangibally for the same process name.


The drawing account is a subdivision of the owner's capital account and appears as an expense on the income statement?

Drawing is the withdrawl by the proprietor in case of sole-proprietor ship business and by the partners in case of partnership businesses. But in case of company, there is no drawing as such (Public Ltd. company). Going by the Entity concept (GAAP), since the business or company is a legal (or artificial person) and is separate from proprietor or promoter, it should be debited to personal account of proprietor or promoter. Either it can be shown asset as under current assets or can be shown as deduction from capital (the effect is same as per mathematical equation or Accounting equation). In horizontal concept of balance sheet, as many books in India show, drawing is shown as dedcution from capital. It is not a expense rather it is asset for the company since either the promoter has to refund or it will be deducted from the capital (of the promoter) when the company is closed down. It is pity that very few books carry the meaning and treatment of drawing with detailed explantion for the same. The Accountants who practices the profession, they know that. But some times they even can not explain the story behind the deduction from capital. For query, any body can write to me at sridhar11bhuktha@rediffmail.com

Related questions

Is treasury stock the same as capital stock?

Treasury stock is contra of capital stock used by company to purchase own capital stock to reduce the paid in capital.


What is the mix of optimal capital structure?

There is nothing called optimal capital structure. optimal capital structure for a company refers to the composition of debt and equity, where the firm cost of capital is the lowest and value of the firm the highest. Optima capital structure for one company can not be same for the other company as well as the firms differ from each other in their basic characteristics. Even if the firm have same basic characteristics, they differ in Human resource, skill set etc.


What 2 states have the same capital names?

Oklahoma and Indiana Oklahoma city, Oklahoma Indianapolis, Indiana


Why are some organisation capital intensive and others labor intensive?

A bank or investment company would be considered 'capital intensive' , a construction company or landscaping company would be considered 'labour intensive' because they employ more people to try for the same gains.


What is capital subscription?

a public company can raise the required funds from the public by means of issue of shares and debentures. for doing the same,it has to issue a prospect which is an invitation to public to subscription to the capital of the company and undergo varous other formalities


Is Shaw Capital Management a scam?

No. It is actually a company that provides export trade financing to clients. Shaw Capital offers same-day-funding once your freight bills arrive.


What states have the same name as the capital?

Oklahoma has about the same capital as the state name. Its capital is Oklahoma City.


What is associate company?

A company is associated with another company if one is under the control of the other, or if both are under the control of the same person or persons. Control is usually defined by reference to ownership of share capital, or voting power.


What percentage of a company's gross revenue should go to food?

It would depend on the company. A restaurant would need more (obviously). A dry cleaner would need none or next-to-none. A sales company would need somewhere in between because they'll be taking clients out to lunches. Same goes for a company that might host banquets.


What company has a good plan on business credit cards.?

I had a good business credit cad from Capital one. Otherwise it is always a good idea to get credit cards from the same bank your company already uses.


Is Honolulu a capital city or is it a capital and a city?

A "capital" and a "capital city" are exactly the same thing.


Give an example of an Australian capital city which has a lesser population than another city in the same state?

Theoretically, there are none. However, if one considers that Canberra, the national capital, lies within the Australian Capital Territory, which is within New South Wales, and has a smaller population than the NSW capital of Sydney, then the closest answer to the question is "Canberra".