Give one word/term/phrase for each of the following statements.i. Ded

1.	Give one word/term/phrase for each of the following statements.i. Deduction made from share capital to find out paid-up capital.ii. The capital on which dividend is paid.iii. Shares having voting rights.iv. Part of the authorised capital is offered by the company to the public to subscribe for.v. Part of the uncalled capital is called up at the time of winding up of the company.
Answer» i. Calls-in-Arrears ii. Paid-up share capital iii. Equity shares iv. Issued capital v. Reserve capital

Give one word/term/phrase for each of the following statements.i. Deduction made from share capital to find out paid-up capital.ii. The capital on which dividend is paid.iii. Shares having voting rights.iv. Part of the authorised capital is offered by the company to the public to subscribe for.v. Part of the uncalled capital is called up at the time of winding up of the company.

Answer»

i. Calls-in-Arrears

ii. Paid-up share capital

iii. Equity shares

iv. Issued capital

v. Reserve capital

Discussion

No Comment Found

Related InterviewSolutions

10,000 equity shares of ₹ 10 each issued at a 10% premium. Calculate the total amount of share premium.
80,000 equity shares of ₹ 10 each issued and fully subscribed and called up at 20% premium. Calculate the amount of Equity Share capital.
State true or false with reasons.Preference shares can be redeemed after a certain period of time.
Premium on issue of shares cannot be used for : (a) issuing bonus shares to members (b) paying dividend to members (c) writing off preliminary expenses (d) writing off discount on issue of debentures
Premium on issue of shares cannot be used for :(a) issuing bonus shares to members(b) paying dividend to members(c) writing off preliminary expenses(d) writing off discount on issue of debentures
(i) Assertion : When a shareholder default in making payment of allotment/call money share may be forfeited. (ii) Reason : Share forfeited can be reissued at par, discount or premium. (a) (i) and (ii) are correct (b) (i) is correct (ii) is incorrect (c) (i) and (iii) are incorrect (d) (i) is incorrect (ii) is correct
That part of share capital which can be called up only on the winding up of a company is called ……(a) Authorised capital (b) Called up capital (c) Capital reserve (d) Reserve capital
A preference share is one …. (i) which carries preferential right with respect to payment of dividend at fixed rate (ii) which carries preferential right with respect to repayment of capital on winding up (a) Only (i) is correct (b) Only (ii) is correct (c) Both (i) and (ii) are correct (d) Both (i) and (ii) are incorrect
What is Registered Capital?
Define the word "share".

Discussion

No Comment Found

Related InterviewSolutions

Reply to Comment