Total Amount = ? 4,40,000 Face value of shares is 10. Premium 10% = Premium amt Rs. 1. Issue Price = Face Value + Securities Premium 10 + 1 = 11 No. of Equity Shares = \(\frac<\text>><\text>>\) = \(\frac < 440000>< 11>\) = 40,000 Shares
Concern 2. Currency gotten ahead away from share people prior to it being actually named – right up of the director was (a) debited to phone calls – when you look at the – improve An excellent/c (b) Cr to Calls – in – improve A good/c (c) Dr in order to phone calls An excellent/c (d) nothing of your own significantly more than Respond to: (b) Cr in order to Calls – in – improve An excellent/c
Question step 3. Securities Advanced Set-aside are used for ……………… (a) Paying interest to the debentures (b) meeting the price of dilemma of offers (c) Purchasing taxation liability (d) Spending dividend while the shares Address: (b) appointment the price of dilemma of shares
Matter cuatro. When show are permitted and that of your own following membership was credited? (a) Display capital A/c (b) Show Allowance A great/c (c) Show Software Ac (d) Investors Air-con Respond to: (a) Share investment Ac
Concern 5. Right issue of offers are issued to help you ……………… (a) Directors (b) Employees (c) Current Investors (d) Shareholder A/c Address: (c) Current Shareholders
Question eight. In the just what rates a company must spend appeal on the calls – for the – arrears? (a) 6% p.a. (b) 12% p.a good. (c) 10% p.a beneficial. (d) 5% p.a great. Answer: (b) 12% p.a great.
Question 8. According to Organizations Act 2000, a company restricted to show is thing ……………… types of offers. (a) step 1 (b) dos (c) 3 Answer: (b) 2
Concern nine. The utmost quantity of calls that a pals can make is ……………… (a) that (b) a couple of (c) around three Answer: (c) three
Matter 10. Resource Set-aside is actually shown on the side away from harmony sheets ……………… (a) Possessions (b) Liability (c) Each other Respond to: (b) Accountability
Concern fifteen. A buddies may also procedure offers because idea for providers, to ……………… for their services ……………… because of their commission. Answer: Promotors, Agents
Matter 16. (i) Assertion: When a stockholder defaults for making commission off allocation/name currency show can be sacrificed. (ii) Reason: Display forfeited www.datingranking.net/escort-directory/jersey-city/ will be reissued at the level, disregard, or premium. (a) (i) and you can (ii) was proper (b) (i) is right (ii) try wrong (c) (i) and (iii) are completely wrong (d) (i) is actually wrong (ii) is correct Address: (a) (i) and you may (ii) are best
Equity share investment try returned as long as taste offers is came back
- Authorised show capital.
- Awarded show money.
- Licensed display resource.
- Titled – upwards – share financial support.
- Paid-right up – share resource and you will.
- Reserve financial support.
Concern dos. What is required by the Authorised Financing? Answer: This is the matter made in the main city clause of the memorandum from connection with which the organization are entered. It’s the restrict amount a buddies can boost when you look at the existence.
Question step three. What do you suggest by Capital Set-aside? Answer: It is one to set-aside that is created off funding profits eg earnings at discount regarding fixed property, profit toward revaluation from property, advanced on the problem of shares and you can debentures, etc.
During the exactly what speed a family is required to change focus towards the calls – in – arrears?
Concern cuatro. What is meant because of the Pro-rata Allocation from offers? Answer: Pro-rata allocation is that allocation out-of offers when applications could be allocated in the reduced quantity of offers than simply they have taken out.
Question 5. Identify Guarantee shares. Answer: Equity shares are those shares which aren’t permitted a fixed rate from dividend. The brand new bonus is reduced throughout these shares just after it’s paid back toward taste offers.