The maximum amount beyond which a company is not allowed to raise funds, by issue of share is

Related MCQs

• 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 ……
• In case of private placement of shares, to raise the amount of capital a company :
• A company is allowed by law to sell 200 000 shares at Rs.2.00 each. Three-quarters (3/4) of these shares were bought by the public. What is the issued share capital?
• A Company can issue share at a discount if:
• A new company set up by existing companies with five year track record can issue share at premium provided:
• On amalgamation, Share issue Expenses A/c appearing on Assets side of the balance sheet of the vendor company
• The amount of capital that a company can issue at par value is called:
• The amount of share premium received by the company is shown in the Balance Sheet under the heading:
• A company issued 2000 equity shares which were underwritten by A. The company received applications for 2400 shares. Hence A will get his commission on the issue price of
• Discount allowed on re-issue of forfeited shares is debited to :