Complete the following sentences.i. In public issue whole amount of s

1.	Complete the following sentences.i. In public issue whole amount of share capital is called in _________ii. A public company _______ share on nonpayment of call money.iii. Share forfeited balance is transferred to ________Account.iv. Preference shares can be _________ after certain period of time.v. __________ shares have a right to participate in decision making process.
Answer» i. instalments ii. forfeits iii. Capital Reserve iv. redeemed v. Equity

Complete the following sentences.i. In public issue whole amount of share capital is called in _____ii. A public company _ share on nonpayment of call money.iii. Share forfeited balance is transferred to __Account.iv. Preference shares can be _ after certain period of time.v. ______ shares have a right to participate in decision making process.

Answer»

i. instalments

ii. forfeits

iii. Capital Reserve

iv. redeemed

v. Equity

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