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To reduce the nominal value of shares to their actual value.
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To present the true and fair position of the company by writing off the past year's accumulated losses and by writing down the value of assets to their actual values.
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To create confidence among the shareholders by assuring them a fair return ok their actual investments.
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To write off the fictitious assets such as discount on issue of debentures, etc.
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RafaAdvantages or objectives of internal reconstruction are:
1. To reduce the nominal value of shares to their actual value.
2. To present the true and fair position of the company by writing off the past year's accumulated losses and by writing down the value of assets to their actual values.
3. To create confidence among the shareholders by assuring them a fair return ok their actual investments.
4. To write off the fictitious assets such as discount on issue of debentures, etc.
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Under what circumstances internal reconstruction becomes desirable how it is affected?
It's also desirable to use internal reconstruction to uncover an earlier form of various languages, and to submit those pre- languages to comparative method.
What are the objectives of internal reconstruction?
1)To write-off accumulated losses.2) To show true and fair view of financial position of the comapny.
What was the process of bringing the Confederate states back into the Union?
Reconstruction
Process whereby southern states were readmitted into the union?
reconstruction
What are the four rival plans for reconstruction?
The Lincoln Reconstruction PlanThe Initial Congressional PlanThe Andrew Johnson Reconstruction PlanThe Radical Republican Reconstruction Plan
