accounts project
Accounting Project
SHAREHOLDER’S FUNDS
Shareholders' funds are the balance sheet value of the shareholders' interest in a company. For company (as opposed to group) accounts it is simply all assets less all liabilities. For consolidated group accounts the value of minority interests should also be excluded.
The addition of minority interests gives us “shareholders' fund including minority interests”. A further adjustment gives us total equity.
SHARE CAPITAL
The capital collected by a joint stock company for its business operation is known as share capital. Share capital is the total amount of capital collected from its shareholders for achieving the common goal of the company as stated in Memorandum of Association
RESERVES AND SURPLUS
Amount appropriated out of earned surplus (retained earnings) for future planned or unforeseen expenditure.
MONEY RECEIVED AGAINST SHARE WARRANTS
Warrants are securities that give the holder the right, but not the obligation, to buy a certain number of securities (usually the issuer's common stock) at a certain price before a certain time. Warrants are not the same as call options or stock purchase rights.
SHARE APPLICATION MONEY PENDING ALLOTMENT
SHARE APPLICATION MONEY is that money received by a company during an IPO. Payments received for a subscription of stock is normally received over the IPO life.
NON CURRENT LIABILITIES
A business's long-term financial obligations that is not due within the present accounting year. Examples of noncurrent liabilities include long-term borrowing, bonds payable and long-term lease obligations. Any noncurrent liabilities will be listed on the company's balance sheet.
LONG TERM BORROWINGS
Amount owed for a period exceeding 12 months from the date of the balance sheet. It could be in the form of a bank loan, mortgage bonds, debenture, or other obligations not due for one year. A firm must disclose its long-term debt in its balance sheet with its interest rate and date
SHAREHOLDER’S FUNDS
Shareholders' funds are the balance sheet value of the shareholders' interest in a company. For company (as opposed to group) accounts it is simply all assets less all liabilities. For consolidated group accounts the value of minority interests should also be excluded.
The addition of minority interests gives us “shareholders' fund including minority interests”. A further adjustment gives us total equity.
SHARE CAPITAL
The capital collected by a joint stock company for its business operation is known as share capital. Share capital is the total amount of capital collected from its shareholders for achieving the common goal of the company as stated in Memorandum of Association
RESERVES AND SURPLUS
Amount appropriated out of earned surplus (retained earnings) for future planned or unforeseen expenditure.
MONEY RECEIVED AGAINST SHARE WARRANTS
Warrants are securities that give the holder the right, but not the obligation, to buy a certain number of securities (usually the issuer's common stock) at a certain price before a certain time. Warrants are not the same as call options or stock purchase rights.
SHARE APPLICATION MONEY PENDING ALLOTMENT
SHARE APPLICATION MONEY is that money received by a company during an IPO. Payments received for a subscription of stock is normally received over the IPO life.
NON CURRENT LIABILITIES
A business's long-term financial obligations that is not due within the present accounting year. Examples of noncurrent liabilities include long-term borrowing, bonds payable and long-term lease obligations. Any noncurrent liabilities will be listed on the company's balance sheet.
LONG TERM BORROWINGS
Amount owed for a period exceeding 12 months from the date of the balance sheet. It could be in the form of a bank loan, mortgage bonds, debenture, or other obligations not due for one year. A firm must disclose its long-term debt in its balance sheet with its interest rate and date