In subdivision of shares, …… capital does not change

Related MCQs

• In case of subdivision of share capital, the total number of shares ……….
• In case of subdivision of share capital, the amount of share capital……….
• 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 ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Alteration of shares of smaller amounts into shares of larger amount is called…..of share capital
• 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 ___________.
• The rate of discount on issue of shares should not exceed …. % of the nominal value of shares.
• Those preference shares which do not carry the right of share in excess profits are known as ------- preference shares.
• Right shares are those shares which are issued to
• On forfeiture of shares, which of the following account is credited with the amount of money already received on such shares?
• At present, a company limited by shares cannot issue …..preference shares