Accounting for ...

Consider the following statements:
Redeemable preference shares of a company can be redeemed out of
1. Profits of the company which would otherwise be available for dividend.
2. Company's share premium account.
3.Fresh issue of shares made for the purpose of redemption.
Which of the above statements are correct?
 

The balance appearing in books of a company at the end of year were: CRR A/c Rs. $$50,000$$, Security Premium. Rs. $$5,000$$. Revaluation Reserve Rs. $$20,000$$, P & L A/c(Dr.) Rs. $$10,000$$. Maximum amount available distribution of Bonus shares will be ________.

Z & Co. forfeited $$100$$ shares of Rs. $$10$$ each for non-payment of final call of Rs. $$2$$ per shares. All shares were reissued at Rs. $$9$$ per share. What amount will be transferred to Capital reserve A/c?

A company forfeited $$2000$$ shares of Rs. $$10$$ each (which were issued at par) held by Mr. John for non-payment of allotment money of Rs. $$4$$ per share. The called up value per share was Rs. $$9$$. On forfeiture, the amount debited to share capital will be ___________.

______ is an acknowledgement of debt under common seal of a company.

Dividend is paid on _______________.

The ending balance of owner's equity is Rs.21,000. During the year, the owner contributed Rs.6,000 and withdrew Rs.4000. If the firm had Rs.8,000 net income for the year what was the owner's equity at the beginning?

If shares are issued at its face value, it is called as issue at ______.

Every company has to file to the Register for incorporation a copy of its _____________..

Reduction of share capital permission of _____________.