Accounting for ...

In case of forfeiture of shares, a notice requiring payment of the amount together with any interest accurred must be served mentioning a further day not less than ________ from date of service of the notice.

A share represents the extent of ownership or interest.

Authorized capital, also known as __________.

The part of capital issued only at the time of liquidation of the company is _____________________.

Issue of shares by Companies can be classified into _____________.

The company liquidator must submit a preliminary report to the tribunal within ___________ days from the winding up order.

From the point of view of formation, there are three kinds of companies.
Which is incorrect?

A share ________________.

When two or more existing companies combine, together to form a new company, it is ____________.

Share valuation is in inticate exercise involving _________________.