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Recent questions tagged share capital
+1
vote
1
answer
A company may______its Equity or undertake capital reduction.
asked
Apr 5, 2019
in
Class 12
by
kratos
shares
class-12
share capital
+3
votes
1
answer
What do you understand by Calls in Arrear on Shares ?
asked
Mar 27, 2019
in
Class 12
by
kratos
share capital
class-12
company accounts
shares
+3
votes
1
answer
GAMA Limited is registered with a capital of 2,00,000 equity shares of Rs 10 each. 1,50,000 equity shares were offered for subscription to public.
asked
Mar 23, 2019
in
Class 12
by
kratos
shares
class-12
share capital
+3
votes
1
answer
Preference shares are those shares which have _______over other classes of shares in respect of dividend
asked
Mar 14, 2019
in
Class 12
by
kratos
shares
class-12
share capital
+1
vote
1
answer
Reserve Capital can be used by the company only in case of _____ the company.
asked
Mar 4, 2019
in
Class 12
by
kratos
shares
class-12
share capital
+3
votes
1
answer
Show the forfeiture and reissue entries under each of the following cases: (i) X Ltd. forfeited 300 shares of Rs. 10 each,
asked
Feb 18, 2019
in
Class 12
by
kratos
shares
share capital
accounting for share capital
class-12
company account
+3
votes
1
answer
X Ltd. made its first call of Rs 10 per share on 1st July 2014. Pratiksha holding 300 shares ****** to pay the call money.
asked
Feb 15, 2019
in
Class 12
by
kratos
shares
class-12
share capital
+1
vote
1
answer
A company offers 20,000 shares of Rs.10 each to the public for subscription .The money is payable as follows :
asked
Jan 30, 2019
in
Class 12
by
kratos
shares
class-12
share capital
+1
vote
1
answer
Share forfeiture account is shown in the balance sheet
asked
Jan 29, 2019
in
Class 12
by
kratos
shares
class-12
share capital
accounting for share capital
+3
votes
1
answer
The balance of share forfeited account after the reissue of forfeited shares is transferred to
asked
Jan 28, 2019
in
Class 12
by
kratos
shares
class-12
share capital
accounting for share capital
+1
vote
1
answer
The Incorporation Expenses Account may be debited by the amount of fully paid shares allotted to the promoters.
asked
Jan 23, 2019
in
Class 12
by
kratos
shares
class-12
share capital
accounting for share capital
+1
vote
1
answer
Record the Journal entries for forfeiture and reissue of shares in the following cases:
asked
Jan 19, 2019
in
Class 12
by
kratos
shares
share capital
accounting for share capital
class-12
company account
+3
votes
1
answer
Forfeiture of shares leads to the ________ of share capital.
asked
Jan 14, 2019
in
Class 12
by
kratos
shares
class-12
share capital
+1
vote
1
answer
Excess value of net assets over purchase consideration at the time of purchase of business is credited to
asked
Jan 6, 2019
in
Class 12
by
kratos
shares
class-12
share capital
issue and redemption of debentures
+2
votes
1
answer
As per Companies Act 2013 , shares cannot be________at discount.
asked
Dec 29, 2018
in
Class 12
by
kratos
shares
class-12
share capital
+1
vote
1
answer
Flex Industries Ltd. issued 10,000 shares of Rs. 10 each on 1st April, 2014. The amount payable on these shares was as under: Rs 3 per
asked
Dec 28, 2018
in
Class 12
by
kratos
shares
class-12
share capital
+2
votes
1
answer
A company offers 2,00,000 shares to the public,The amount payable is as follows : On application Rs.3 per share
asked
Dec 27, 2018
in
Class 12
by
kratos
share capital
class-12
shares
+3
votes
1
answer
Discuss the Process for Allotment of Shares of a Company in case of Oversubscription.
asked
Dec 11, 2018
in
Class 12
by
kratos
shares
class-12
share capital
accounting for share capital
+3
votes
1
answer
Balance of share forfeiture Account is shown in the balance sheet under the item.
asked
Dec 3, 2018
in
Class 12
by
kratos
shares
class-12
share capital
accounting for share capital
+1
vote
1
answer
Forfeiture of share results in the reduction of
asked
Nov 26, 2018
in
Class 12
by
kratos
shares
class-12
share capital
cbse
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