Non- redeemable preference shares are known as ___________.
Cumulative
Non-cumulative
Redeemable
Irredeemable
A company forfeited 300 shares upon which Rs.7.50 per share were called up and Rs.5 per share were paid for applicaton and allotment. The first call of Rs.2.50 per share was not paid. Find our capital reserve. If 100 shares were reissued @Rs.4 per share, Rs.7.50 called up.
Rs.750.
Rs.500.
Rs.150.
Rs.200.
The amount paid by the shareholder of a company even before the particular call is made due is _________
Calls paid in advance
Calls in Arrear
Both a & b
None of these
Authorized capital is also known as ______________.
Paid up capital
Unsubscribed capital
Registered capital
Calls remaining unpaid by the specified date is known as________
Calls in advance
Calls in arrears
A company is created by _________.
Special act of parliament
Agreement between investors
General law
Status of its members
Bank is a ________ account.
Nominal
Real
Personal
Share allotment A/c is ________
Personal A/c
Impresonal A/c
Real A/c
Nominal A/c
In case shares are originally issued at premium the amount forfeited is the amount that has been received including the amount of _____________________ that has been received.
Premium
Discount
None
In which type of share capital shares allotted by way of rights offer?
Authorised capital
Issued capital
Unissued capital
