When the directors refund the fees already received by them,……. a/c is credited.

Related MCQs

• On forfeiture of shares, which of the following account is credited with the amount of money already received on such shares?
• The excess price received on the par value of shares should be credited to ………….
• 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 ……
• Once the share premium account is credited the same, if the premium is not received.
• Pre-acquisition dividend received by Holding company is credited to
• Holdings of minority will …………………by the number of bonus shares received by them.
• The share capital, to the extent already held by the purchasing company, is closed by the vendor company by crediting it to:
• The dividend recommended by the Board of Directors is called………
• Share holders cannot increase the rate of ‐‐‐‐‐‐‐‐‐ recomened by the Boared of Directors.
• Profit on sale of sinking fund investment is credited to ….