The company in which the liability of members is liable to pay the agreed amount at the time of winding up is called as …………..

Related MCQs

• When the purchasing company does not take over a particular liability and the vendor company pays that liability, it will debit it to
• That part of the capital which will be called up only in the event of winding up of the company is called ------- capital
• …………..is that portion of capital which is called up only on winding up of the company.
• In case of inter-company holdings, the purchasing company, at the time of payment of the purchase consideration, surrenders the shares in the vendor company by crediting:
• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ capital of a company can be called up only in the event of winding up.
• Which of the following is not shown on the liability side of a balance sheet of a company
• An item which may or may not be the liability of the company due to happening of certain event is…………
• ……………….is the amount payable by the purchasing companies to the vendor company for taking over the business of vendor company.
• Unclaimed dividend is shown on the liability side of the balance sheet of a company as -- -------
• The liability of shareholders of a company is ………………..