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    				| 1. | Fill in the blanks with appropriate words: (i) A company issued 50,000 shares of Rs 10 each for subscription . It receives applications for 60,000 shares. It is a case of ________ (ii) A company issued 50,000 shares of Rs 10 each for subscription. it receives applications for 45,000 shares. it is a case of ________. (iii) A company issued 50,000 shares of Rs 10 each for subscription. It receives applications for 40,000 shares. It is a case of where _________ is not received. (iv) A company issued 50,000 shares of Rs 10 each for subscription. It receives applications for 40,000 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 the case of ________ (viii) Shares are allotted to all applicants in the case of _______ (ix) A company may receive calls in advance if its _______ (x) Shares are _______ by a company, if it does not receive the called amount. (xi) Gain (profit) on reissue of forfeited shares is transferred to ________ (xii) ________ on reissue of forfeited shares cannot be more than the amount forfeited. (xiii) Shares cannot be issued at a discount except to employees as _________ (xiv) A company may issue shares for ______ for purchase of assets. (xv) Shares issued to promoterns in lieu of their services are categorised as shares issued for ______ (xvi) Preference Shares can be issued for _____ to promoters or for purchases of business or assets. (xvii) Preference Shareholders have the preferential right to receive ________ before it is paid on Equilty Shares. (xviii) Secured Preference Shares means that Preference shares ar ______ by a charge on the _________ of the company. (xix) Unlike ________ Preference Shares, ______ Preference Shares are those shares on which dividend, if not paid in one year, will not be paid in later years. (xx) In a Balance Sheet, ________ for ________ Share Capital and ______ Share Capital is shown separately | 
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