China brings forward infrastructure plans to stimulate the economy in preparation for liberalization of the capital account in 2020.(July 7th 2012)
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CA Accounting Books: END OF YEAR ADJUSTMENTS At the start of a financial year the asset, liability and capital accounts in the general ledger contain the balances brought forward at the end of the last year as set out in last year’s statement of financial position.
25 Tax Free Returns* Pre-registered as an Early Stage Venture Capital Limited Partnership (ESVCLP) under the Australian Venture Capital Act 2002. Provides investors fully tax free returns (whether on income or capital account) including dividends. * Potential investors should always obtain their own independent financial and taxation advice. Refer: http://www.ausindustry.gov.au/programs/venture-capital/esvclp/Pages/default.aspx
How to create Drawings Account Ledger in Tally.ERP 9? In Tally.ERP 9 we can create the Drawing Account ledger using Ledger Creation screen and we have to select the Capital Account group in the screen. So, the Drawings will automatically deducted from the Capital Account in the Balance Sheet.