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Internal reconstruction case study

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Here is a compilation of top four accounting problems on alteration of share capital and internal reconstruction with its relevant solutions. The summarised Balance Sheet of Sunrise Ltd. There was no actual liability to workmen in Hooghly. The assets were to be written down accordingly; any fictitious assets were to be eliminated; only necessary reserves were to be retained and the balance available was to be written off the book of the Howrah Works. Show the necessary entries.
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Internal reconstruction case study
Internal reconstruction case study
Internal reconstruction case study
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Internal reconstruction - Wikipedia

Reduction of Share Capital. Section of the Companies Act, lays down the procedure in respect of reduction of share capital. One way of doing this is reducing the paid-up capital. The share capital of a company which has been suffering losses continuously for a long time, is not truly represented by its assets.
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Comparative method

To browse Academia. Skip to main content. Log In Sign Up. Download Free PDF. Internal Reconstruction vs.
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