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Accounting for ...

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  • Question 1
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    Which type of shares can be issued at discount?

  • Question 2
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    Where will you record premium received on issue of equity shares?

  • Question 3
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    When an applicant gets less shares than the applied share, this situation is called__

  • Question 4
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    In the situation of _________, a company do not reject any application

  • Question 5
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    Which of the following way is not used by the company to issue the shares?

  • Question 6
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    If nothing is mentioned in the question, where will you record excess money received on application?

  • Question 7
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    When a company makes an offer or invites the public in general to subscribe its shares, it is known as _______

  • Question 8
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    What is the meaning of the following Entry?
    Incorporation Expenses A/c Dr.
    To Share Capital A/c


  • Question 9
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    Which of the following is not a type of Preference Shares as per the Companies Act, 2013?

  • Question 10
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    Any profit on reissue of Forfeited shares represents capital profit & hence it should be transferred to

  • Question 11
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    Those share who carry preferential right in respect of dividend at a fixed rate are called

  • Question 12
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    If he Forfeited shares were issued at a premium and the premium money is already received on those Forfeited shares, security premium A/c will

  • Question 13
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    Return of partly paid shares by the shareholders to the company is known as _______

  • Question 14
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    Share Application A/c and Share Allotment A/c is:

  • Question 15
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    Share Application A/c and Share Allotment A/c is:

  • Question 16
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    Subscribed share capital is a part of _______

  • Question 17
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    The amount of premium is decided by the board of Directors as per the guidelines issued by

  • Question 18
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    What is paid to the Shareholders?

  • Question 19
    1 / -0

    Which of the following statement is false

  • Question 20
    1 / -0

    Which statement is false

  • Question 21
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    Securities premium account can be utilized for:

  • Question 22
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    Securities Premium Account is ________

  • Question 23
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    A forfeited share can:

  • Question 24
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    No need to record Cash/Bank entries when ______ is prepared

  • Question 25
    1 / -0

    No need to record Cash/Bank entries when ______ is prepared

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