Shares received from the new company are recorded at –

Related MCQs

• On forfeiture of shares, which of the following account is credited with the amount of money already received on such shares?
• In case of inter-company holdings, the purchasing company, at the time of payment of the purchase consideration, surrenders the shares in the vendor company by crediting:
• At present, a company limited by shares cannot issue …..preference shares
• In………., an existing company’s financial structure is reorganized without liquidating the existing company and forming a new company.
• In case of .............., one existing company takes over the business of another company and no new company is formed
• In case of .............., one existing company takes over the business of another company and no new company is formed.
• A new company cannot issue shares at‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
• 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 ……
• For amalgamation in the nature of merger, the shareholders holding at least or more of the equity shares of the transferor company becomes the equity shareholders of the transferee company.
• The Time interval between the date of acquisition of shares in subsidiary company and date of Balance Sheet of Holding Company is known as :