Self Studies

Accounting for ...

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  • Question 1
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    When any shareholder pay any call money in advance then the A/c to be credited would be _________.

  • Question 2
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    Premium of issue of preference share is shown under __________.

  • Question 3
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    On an equity share of $$Rs. 20$$, the company has called up $$Rs. 18$$ but actually received $$Rs. 16$$ only. The difference of $$Rs. 2$$ will be debited to ________.

  • Question 4
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    When the incoming partner bring his share of goodwill in cash, which of these methods of revaluation of goodwill is appropriate?

  • Question 5
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    Discount allowed on re-issue of forfeited shares is ____________.

  • Question 6
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    On a share of $$Rs. 100$$ issued at a premium of $$Rs. 10$$ the whole amount has been called up but in the case of a shareholder only $$Rs. 80$$ has been received, the share capital would be credited by ____________.

  • Question 7
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    A company can forfeit share for non payment of call money only if _________.

  • Question 8
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    A company cannot re issue forfeited shares at a discount more than __________.

  • Question 9
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    A share can be forfeited ___________.

  • Question 10
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    On an equity share of $$Rs. 20$$, the company has called up $$Rs. 16$$ but actually received $$Rs. 18$$. The difference of $$Rs. 2$$ will be ___________.

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