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Capital Redemption Reserve
Why do we create Capital Redemption Reserve? What is this Reserve? What happens when this reserve gets created? What is the accounting for the same? All these questions are explained in a simple manner in this video.
Profit on reissue of forfeited shares
How to calculate profit on reissue of forfeited shares? This is the trickiest part in the share capital entries. Students remember it mechanically & make mistakes. Understand the simple fundamental aspect behind the concept & you will never go wrong.
Consolidation of Balance Sheet Working Notes
There are 3 simple working notes which one has to prepare before preparing Consolidated Balance Sheet. If these 3 working notes are prepared properly, more than half of the job is done for the Consolidated Balance Sheet. How to prepare these working notes? Explained in a very simple