Question
In the preparation of a company's balance sheet, various
classifications of capital are recorded to reflect the financial structure and ownership equity of the company. However, not all types of capital are displayed in the balance sheet. Which type of capital listed below is typically not shown in the company’s balance sheet?Solution
Reserve capital is a portion of the company's subscribed capital that has not been called up except in the event of winding up. It is not shown in the company's balance sheet as it represents the capital that the company can call upon only in a specific circumstance, typically during liquidation.
What is the maximum annual turnover limit for Micro Enterprises as per the classification guidelines for manufacturing and service enterprises?
As on 25 May 2024, Russia has been carrying out a military invasion of which country?
The Indian National Congress adopted a resolution at its historic ______ session in 1929 calling for ‘Purna Swaraj’ from the British.
For which country’s Navy China has launched first of the four Advanced Warships in August 2020?
Which Indian cricketer announced his retirement from all kinds of competitive cricket in December 2021?
Which sports have been provisionally removed from the program of 28 "core" Olympic events by the IOC for the LA 2028 olympics?
To reduce a bank’s risks on confirmations and negotiations of irrevocable letters is called?
According to the Census of India 2011, what was the population density recorded in Bihar?
Who among the following was the Vice President of the Interim Government formed by Congress in 1946?
In the context of DNA, which of the following principles governs the process of transcription?
