Sources of Busi...

The premium on issue of shares must be credited to a separate account 

__________ have the right to vote on any resolution placed before the company or general meeting.

If a company receives excess application money and the application money equal to shares issued transferred to Share Capital A/c and application money received on excess shares-some money is adjusted and against allotment and remaining was refunded, then which of the following entry is correct?

If face value of debentures is more than issue price, then the debentures are said to be issued at a _________.

If the debentures are issued at a price higher than the nominal value of the debentures, the premium should be credited to ______________.

In the company's balance sheet, debentures are shown under the head _____________.

The forfeited shares may be re-issued:-
(I) At par only
(II) At  par or premium only
(III) At par or at discount only
(IV) At or par at premium or at discount 
The correct answer is :

Balance of share forfeiture account remaining after reissue is transferred to ________________.

Shares forfeited account is to be shown in the balance sheet by way of ____________ to the paid up share capital on the liabilities side until the concerned shares are re-issued.

Which of the following security cannot be forfeited for non-payment of allotment or call money?