In which preference share arrears are not payable to the share holder?
Cumulative preference shares
Non cumulative preference shares
Redeemable preference shares
Non redeemable preference shares
The balance of discount on issue of shares account will be transferred to the ___________________.
Asset side of the balance sheet
Liability side of the balance
Both Asset & Liability
None of these
In case, the proportionate allotment is worked out to be between 150- 200 the applicant will be allotted - shares.
100 shares
200 shares
300 shares
Discount on issue of shares is _________
Revenue loss
Capital loss
Deffered revenue expenditure
Neither the above
In case of forfeiture, Discount on issue of share account must be _____________________.
Debited
Credited
Both A & B
All the shares for buy back should be _________
Partly paid up
Fully paidup
Half yearly paid
Shares are issued for public subscription through prospectus in case of ___________.
Private company
Public company
If a company issues 10000 shares of Rs.10 each and applications are received for 6500 shares. The subscribed capital will be _________.
10000
100000
65000
6500
Fees payable to the valuers of assets and liabilities in case of purchasing the business is _____________ expenses.
Preliminary
Capital
Other operation
Working capital
Issue of shares at a price lesser than its face value is _________
Issue of shares at discount
Issue of shares at premium
Issue of shares at par
No further issue
