………..should be deducted from the share capital to determine the paid up capital.

Related MCQs

• ……..should be deducted from the share capital to determine the paid up cap ital.
• 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 ___________.
• ------ is deducted from the called- up capital in order to calculate paid-up capital.
• In case of subdivision of share capital, the amount of share capital……….
• On an equity share of Rs. 20, the company has called up Rs. 16 but Rs.14 has been received by the company, the share capital account should be credited by ……
• 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 ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• ………………….on shares have priority over payment of paid up share capital of that class.
• The pre- acquisition loss of subsidiary should be deducted from …….. while calculating net assets
• ……………………reconstruction refers to the reduction of capital to cancel any paid up capital.
• The maximum extent to which a company can raise share‐capital is called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ capital.