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unpaid portion of the subscribe stock
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What would be the entry on subscribed capital stock?
Generally in the format of: Cash (cash paid up front) Common Stock Subscribed Receivable (remaining amount due) Common Stock Subscribed (Temporary 'Legal Capital' Account) Additional Paid In Capital - Common When fully paid, post: Cash (cash paid) Common Stock Subscribed Receivable Common Stock Subscribed Common Stock
What is the difference between Receivable and account Receivable?
Account receivable are usually currant assets that arise from selling merchandise or providing services to customer on credit . Accounts receivable are also known as trade receivable . receivable is the term that refers to both trade receivable and non trade receivable . By Mr safiullah Zarif
Is income tax receivable a trade receivable?
nontrade
What are average accounts receivable?
what is average account receivable
What is the nature of account receivable?
Account receivable is an asset
Is subscribed capital stock added or deducted on capital stock?
The subscribed capital stock account is only issued when fully paid. The initial entry will require a debit to cash and subcription receivable account with a corresponding credit to 'Subcribed Capital Stock' and APIC (add'l paid in capital) if issued above par. Now, when it is presented in the financial statements, the subcribed capital stock will be added to the common stock issued and fully paid. However, the account will also be reduced by the subscription receivable balance. Take note: When the subscription receivable is expected to be paid in the current period, it will presented under trade and other receivables, as a part of current assets.
Stock subscription payables is debt?
stock subscription payables is debt ?
Where can you find subscription receivable in the balance sheet?
Whether Subscription Receivable account should be presented as an current asset or a contra equity account is debatable. The US SEC requires it as a contra equity account.
What are the assets?
debtors,stock,bills receivable etc
What are the current assets?
debtors,stock,bills receivable etc
What would be the entry on subscribed capital stock?
Generally in the format of: Cash (cash paid up front) Common Stock Subscribed Receivable (remaining amount due) Common Stock Subscribed (Temporary 'Legal Capital' Account) Additional Paid In Capital - Common When fully paid, post: Cash (cash paid) Common Stock Subscribed Receivable Common Stock Subscribed Common Stock
What is the minimum subscription of a public joint stock company?
the smallest number of shares or securities that may be applied for in a new issue is known as minimum subscription.
Can pay dividends even there is an unpaid subscribed capital stock?
cash dividends due on delinquent stock shall first be applied to the unpaid balance on the subscription, plus costs and expenses. stock dividends shall be withheld from the delinquent stockholder until his unpaid subscription is fully paid.
How much do stock photos on average cost to use on a website?
Price of stock photos for use on websites vary depending on size, and the stock agency subscription or credit purchase plan. The larger your subscription, the cheaper the cost per photo.Doing a search and comparing prices from different stock agencies to find one that best fits in your budget would be the best option.
What are subscription receipts?
A provisional certificate entitling the holder to a fractional share of stock or the jointly held property.
What is the difference between Receivable and account Receivable?
Account receivable are usually currant assets that arise from selling merchandise or providing services to customer on credit . Accounts receivable are also known as trade receivable . receivable is the term that refers to both trade receivable and non trade receivable . By Mr safiullah Zarif
How calculate accounts receivable turnover ratio?
the formula of calculating account receivable turnover = Net Sales/ average gross receivable
