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A company issued 50,000 shares of Rs. 10 each for subscription . It received applications for 60,000 shares . It is a case of ___________.(ii) Acompany issued 50,000 Shares of Rs. 10 each forsubscription . It receives applications for 45,000 share, it is a case of ___________.(iii) A company issued 50,000 Shares of Rs. 10 each for subscription . it receives applicationsfor 40,000 sahres, it is a case of where____________ is not receives.(iv) Acompany issued 50,000 Shares of Rs. 10 each for subscription . it receives applications for40,000 shares , it cannot issue shares as it has not received __________.(v) Shares of Rs. 10 each on which Rs. 8 have been called and received will be shown as ___________.(vi) Shares of Rs. 10 each on which the company decides to call Rs.2 at the time of its winding up will be shown as __________.(vii) Shares are allotted on pro rata basis in thecase of _______. (viii) Shares are allotted to all theapplicants in the case of ________.(ix)A companymay receive calls in advance if its______________ soauthorises.(x)Shares are _____________ by a company , if it does notreceivethe called amount.(xi) Gain (profit) onreissue of forfeited shares is transferred to ____________.(xii)_____________ onreissue of forfeited shares cannot be more than the amount forfeited.(xiii) Sharescannot be issued at a discount except to employees as ___________.(xiv)A companymayissue shares for ____________ for purchase of assets.(xv)Shares issued to promoters in lieu of their services are categorised as shares issued for ________.(xvi) Preference shares can be issued for ____________ to promoters or for purchase of business or assets.(xvii)Preference shareholders have the preferential right to receive__________before it is paid on Equity Shares.(xix)Unlike __________ Preference shares , ____________ Preference shares are those shares on which dividend , if not paidin onepaid in later years.(xx) In a Balance Sheet , ___________ for __________ Share Capital and __________share Capital is shown separately.

Answer»


Solution :[(i)oversubscription; (ii) UNDERSUBSCRIPTION; (iii) minimum subscription; (iv) minimum subscription; (v) subscribed but not fully paid; (vi)Subscribed but not fully paid ' CAPITAL; (vii) oversubscription; (VIII) undersubscription; (ix) Articles of Association; (X) forfeited; (xi) Capital Reserve; (xii) DISCOUNT; (xiii) ESOPs; (xiv) consideration other than cash ; (xv) consideration other than cash ; (xvi) consideration other cash ; (xvii) dividend; (xviii) secured, assets; (xix) Cumulative,Non - cumulative; (xx) Authorised Capital , Equity , Preference.]


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