Accounting for ...

Which of the following is not true about a private company?

Following Entry takes place when:

Bank A/c Dr.
To Share Application A/c

Share Application A/c and Share Allotment A/c is:

Which of the following statement is not true?

Authorized share capital is also known as:

Share Capital Account should be debited (at the time of forfeiture) with:

Which type of capital will take place after the authorized capital?

When the entire face value of a share is called by the company and is also paid by the shareholder, It is known as ______________

What is the limit of Securities Premium on the issue of shares?

For which of the following purpose, securities premium reserve cannot be used?