Fill in the blanks with appropriate words: (i) Shares on which the company has called total nominal value and has also received it is shown in the Note to Accounts on Share Capital under Subscribed Capital as _______ (ii) Minimum subscription prescribed is _______ (iii) Shares on which the company has called the total nominal value but has not fully received final call of Rs 2 on 500 shares, the shares on which the final call of Rs 2 on 500 shares, the shares on which the final call is not received are shown in the Note to Accounts on share Capital under Subscribed Capital as _______ (iv) A company has resolved to call Rs 2 per share at the time of winding up the company. Rs 2 per share is ________ Capital. (v) Securities Premium Reserve is the liabilities side in the Balance Sheet under ________ (vi) Trade Payables, unless agreed otherwise, are shown as __________ (vii) Prepaid Insurance is shown as _____ in the Balance Sheet

Fill in the blanks with appropriate words: (i) Shares on which the co

1.	Fill in the blanks with appropriate words: (i) Shares on which the company has called total nominal value and has also received it is shown in the Note to Accounts on Share Capital under Subscribed Capital as _______ (ii) Minimum subscription prescribed is _______ (iii) Shares on which the company has called the total nominal value but has not fully received final call of Rs 2 on 500 shares, the shares on which the final call of Rs 2 on 500 shares, the shares on which the final call is not received are shown in the Note to Accounts on share Capital under Subscribed Capital as _______ (iv) A company has resolved to call Rs 2 per share at the time of winding up the company. Rs 2 per share is ________ Capital. (v) Securities Premium Reserve is the liabilities side in the Balance Sheet under ________ (vi) Trade Payables, unless agreed otherwise, are shown as __________ (vii) Prepaid Insurance is shown as _____ in the Balance Sheet
Answer» Solution :(i) Subscribed and Fully paid up (II) 90% (iii) Subscribed but not fully paid up (IV) Reserve (v) Reserves and SURPLUS (VI) Current Liabilities (vii) Other Current Assets

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