A bundle of fully paid shares is called……………..

Related MCQs

• Capital Redemption Reserve Account and Securities Premium Account can be only for issuing fully paid Bonus Shares and not for making partly paid shares into ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Gross assets are 1,01,000, fictitious assets 350 are included in the gross assets. External liabilities are 7,500. 6% preference share capital is 45,000. Equity capital is 4,500 equity shares of 10 each fully paid. Average expected profit is 8,500. Transfer to reserves is 10% preference dividend is payable. NRR is 9%. The Net Asset Value Per share is ___________.
• Alteration of shares of smaller amounts into shares of larger amount is called…..of share capital
• Alteration of shares of larger denominations into smaller denominations is called -------- of shares.
• Alteration of shares of smaller amounts into shares of larger amount is called ……….
• Buyback of shares should not exceed ….percent of paid up capital and free reserve of the company.
• In case of ……………..preference shares, the arrears of dividend are carried forward and paid out of the profits of the subsequent years.
• When 500 shares of Rs. 10 each on which Rs.3 on final call is not paid, share forfeited account is credited with ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Bonus issue is permitted only if all partly paid shares are made‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Bonus issues ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ even when the shares are partly paid.