Contents:II. Disadvantages of Incorporation of a CompanyWhat Is A Company? Advantages And Disadvantages Of The CompanyCase Law – Salomon vs. Salomon & Co. Ltd. When a company changes its name, the Registrar of Companies has to enter the new name in the register and a new certificate of incorporation must be issued with necessary alterations. Company cannot sue on pre-incorporation contracts- A...
December 2020
ContentExample of the Depreciation EntryAccumulated Depreciation and Book ValueThe accounting entry for depreciationHow to Book a Fixed Asset Depreciation Journal EntrySale of assets journal entry in accounting Accumulated depreciation specifies the total amount of an asset's wear to date in the asset's useful life. Furthermore, when it comes to the sale of a different fixed asset like land, the sale...
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