Surplus example sentences



However, there will be a Capital Fund or General Fund in place of the Capital and the surplus on deficit as per Income and Expenditure Account shall be added to/deducted to this fund.The Debenture Redemption Reserve account appears on the liability side of the Balance sheet under the head “Reserves and Surpluses.Any amount of surplus from assets given under first charge will be utilised for setting the claims for second chargeholder.In the process, fiscal policy creates a surplus (when total receipts exceed expenditure) or a deficit budget (when total expenditure exceed receipts) rather than a balanced budget (when expenditure equals receipts).The amount of premium is credited to Securities Premium account and is shown on the liabilities side of the balance sheet under the head “Reserves and Surpluses”.Tejpal Singh, the large farmer, has a surplus of 350 quintals of wheat from all his lands! He sells the surplus wheat at the Raiganj market and has good earnings.As stated earlier, international business operates on a simple principle — produce what your country can produce more efficiently, and trade the surplus production so generated with other countries to procure what they can produce more efficiently.A business, for example, can generate funds internally by accelerating collection of receivables, disposing of surplus inventories and ploughing back its profit.The advantage of such an option is that a company can redeem the debentures at its convenience whenever it has surplus funds.(in case the balance amount is not adequate enough to pay off such loans and advances, they are to be paid propartionately); and surplus, if any is to be utilised in settlement of the capital account balances, after adjusting all profits and losses.Surplus or deficit revealed by the Income and Expenditure Account is transferred to capital/general fund.Take the Capital/General Fund as per the opening balance sheet and add surplus from the Income and Expenditure Account.Production had expanded so rapidly during the war and post-war years that that there was a large surplus.If she is not lucky enough she may not be able to find another person who has the diametrically opposite demand for rice with a surplus of clothing to offer in exchange.However, notwithstanding the above two conditions, a holder of the preference share may have a right to participate fully or to a limited extent in the surpluses of the company as specified in the Memorandum or Articles of the company.

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