Accounting For Share Capital

Accounting For Share Capital, Illustration (Accounts Class 12th)
accounting for partnership firms fundamentals
accounting for partnership firm

The third stage in the development of organisational forms is the corporation form. A lot of people have contributed to its capital.

referred to as shareholders, who are the actual proprietors of the

company. However, it is also not possible for all of them to

neither participate in the company's management

regarded as desirable. As a result, they choose a Board.

of Directors in their capacity as their agent to oversee the

activities of the business.