The unerwriting may be done by many underwriters in an agreed ratio,is known as

Related MCQs

• In order to spread risk of under subscription, The principal underwriters may appoint
• An additional commission is paid by the company to the principal underwriters to encourage
• The company in which the liability of members is liable to pay the agreed amount at the time of winding up is called as …………..
• An item which may or may not be the liability of the company due to happening of certain event is…………
• An obligation which may or may not materialize is a/an _______________.
• Which book the work classification is done
• Royalty is Rs 64,000, Minimum rent Rs 80,000. Strike is for 3 months with no work done, Minimum rent to be reduced in proportion of time, find the amount paid to Landlord.
• Royalty is Rs 44,000, Minimum rent Rs 50,000. Strike is for 2 months with no work done, Minimum rent to be reduced in proportion of time, find the amount paid to Landlord.
• When a machinery is purchased for cash, the cash balance is reduced and to that extent, the amount of machinery as an asset is recorded. This is done to follow which of the following accounting principles:
• The principle of recognizing revenue proportionately on the basis of work actually done is generally followed in case of: