Consolidated Balance Sheet Accounting of holding & Subsidiary Company Definition Holding Company



Download 91.5 Kb.
Page1/3
Date19.02.2021
Size91.5 Kb.
  1   2   3

Consolidated Balance Sheet
Accounting of holding & Subsidiary Company
Definition
Holding Company: - A company is one which acquire all or a 50% or above equity share of any other company, which is called holding company.
Holding Company: - any company obtains the right of appoint of director in other company, which is called holding company.
Subsidiary Company: - Share of a company which is acquired by any other company & a company sold their rights to other company, which is called subsidiary company.
Preparation of consolidated balance sheet:-
Consolidated balance sheet as on 31 Mar 2009 For Mr. Ravi As per Schedule 6

Liabilities




Assets




1. Share & Capital


XX

1. Fixed Assets

XX


2. Reserve & Surplus


XX

2. Investment

XX


3. Secured Loan

XX

3. Current Assets, Loan & Advances

a. Current Assets

b. Loan & Advances


XX



4. Unsecured Loan

XX


4. Miscellaneous Assets

XX


5. Current Liabilities & Provisions

a. Current Liabilities

b. Provisions


XX


5. P&L Dr. (Balance)

XX



How to Calculate Holding Ratio of Holding Company?

Holding % = Number of share acquired by holding company

---------------------------------------------------------- X 100

Total Share of Subsidiary Company
Working Note – 1

Calculation of Pre & Post Part of P&L
Pre Post

Opening Balance (A) Closing Balance (B)

XXX (C) Difference (Closing Balance – Opening Balance)

Distribution (According To Month)

XXX (D) XXX (E)

----------- -----------

XXX (F) XXX (G)

----------- -----------

Note: - Here Total of (F) = (A) + (D) & Total of (G) = (E)
Working Note – 2

Calculation of Pre & Post Part of General Reserve
Same as Calculation of Pre & Post Part of P&L
Working Note – 3

Calculation of Net Worth:-




Share with your friends:
  1   2   3




The database is protected by copyright ©essaydocs.org 2020
send message

    Main page