The maximum rate of discount on shares shall not exceed________________

Related MCQs

• Discount on issue of shares not written of is shown separately in Balance sheet under the head_____________
• Shares can be issued at discount under section
• Shares can be issued at discount only after
• Issue of shares at discount should be sanctioned by the ________________
• Discount on issue of shares is shown under the --------------- lead
• If reissue of shares are more than face value of shares, the excess amount is transferred to ---------- account.
• Interest on calls paid in advance, according to Table A, should not exceed
• Interest on calls paid in advance according to table A, should not exceed
• While checking allotment of shares the auditor should see that it is made within
• Which of the following percentage of nominal amount of shares should be received with application