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How do you construct sundry shareholders account in purchase and sale of business?
by crediting the said account with relevant accounts falling under shareholders equity e.g. share capital, profit. reserves etc.
How do you work out an appropriation account?
To work out an appropriation account, start by determining the net profit of the business, which is derived from the profit and loss account. Next, allocate the net profit according to the partnership agreement or company policy, distributing it among partners or shareholders in the specified ratios. Include items like retained earnings, dividends, and reserves in the account. Finally, summarize the appropriations to show how the net profit has been distributed or retained.
What is the Difference between income statement and profit and loss account?
Both are sameIncome statement shows both operating and non-operating amounts. Revenue, Net profit/loss and profit per share. I think you are thinking of the Balance sheet that lists assets, liabilities and shareholders' equity.
What is revaluation account?
revalutation account is opened to record the revaluation of assets and liabilities.the profit or loss arising because of revaluation is transfered to old partners capital account in their old profit sharing ratio. Companies from time to time check the values of assets and liabilities for there book values and if there is some changes in book values of assets and liabilities that revaluations are made through revaluation account which are later charge to profit and loss account or transferred to reserve account.
What is the effect of a stock dividend on a corporation's stockholders'equity accounts?
The stock Dividend is more or less profit sharing. When a dividend paying company is profitable they pass along those profits to the shareholders in the form of a dividend check.
How managers can be motivated to act in the shareholders' interest?
Profit sharing, the more money the manager makes, the more the shareholders make.
How do you construct sundry shareholders account in purchase and sale of business?
by crediting the said account with relevant accounts falling under shareholders equity e.g. share capital, profit. reserves etc.
Can C corporations have shares?
A C corporation is required to have shares - it is how ownership, profit sharing, and decision making is divided among the shareholders.
What is the difference between a stock dividend and a cash dividend?
A stock dividend is when a company distributes additional shares of its stock to shareholders, while a cash dividend is when a company pays out cash to shareholders as a form of profit sharing.
What is a charitable sharing account?
Charitable Sharing Accounts are accounts used to create a Sharing agreement between a Donor and a Nonprofit. It is a type of Social Fundraising tool to assist Nonprofits in creating income for their mission. The Charitable Profit Arrangement intermediates these type of Sharing accounts on behalf of the Donor and the Nonprofit. There are many different types of Sharing Accounts that the Charitable Profit Arrangement uses; Alumni Sharing Account, Catholic Sharing Account, MU Sharing Account and any other combination that people can think of. This information is based on the facts from the authority and site; www.CharitableProfitArrangement.Org
What is the shareholders goals?
Profit
What are the rules for distribution of profits and losses?
according to the sharing ratio's of partners, we can distribute profit and loss account.
How does profit sharing work?
formula of profit sharing bonus
How do you work out an appropriation account?
To work out an appropriation account, start by determining the net profit of the business, which is derived from the profit and loss account. Next, allocate the net profit according to the partnership agreement or company policy, distributing it among partners or shareholders in the specified ratios. Include items like retained earnings, dividends, and reserves in the account. Finally, summarize the appropriations to show how the net profit has been distributed or retained.
What is the part of the profit that is shared with the shareholders?
Dividend
Who gains profit in a corporation?
Normally the shareholders.
What is devided?
it is the amount of profit distributed to the shareholders
