The difference between subscribed capital and called up capital

Related MCQs

• Under which of the following concepts are shareholders treated as creditors for the amount they paid on the shares they subscribed to?
• To ascertain the real profit, the difference between the closing capital and opening capital is adjusted by:
• Profit under the net worth method, when there are no drawings and no additional capital is the difference between:
• While checking the accounts of ABC the following discrepancies were noticed, even though the Trial Balance was made to balance by putting the difference to Suspense A/c. (i) Sales day book for the month of June‘12 was found overcast by ` 7,000. (ii) A credit purchase of ` 3,000 was omitted to be recorded in the days book. (iii) ` 4,300. Received from A credited to A A/c ` 3,400. (iv) Purchase of Office Equipment worth ` 5,000 included in trading purchases. From the above details what would have been the difference in Trial Balance which was made to balance by opening Suspense A/c.
• The difference between hire purchase price and the cash price is called ______
• If opening capital is Rs.5,000; closing capital - Rs.7,000; drawings - Rs.1,000 and additional capital introduced during the year is Rs.500; then, the amount of profit made would amounted to
• If the opening capital is Rs.20,000 and closing capital is Rs.25,000; drawings made amounted to Rs.1,800; then, the amount of Rs.________ must be introduced as an additional capital during the year in order to earn a profit of Rs.2,800.
• Gross Profit is the difference between
• Generally the term fund is used to mean the difference between
• The account to which the difference in the trial balance is temporarily placed , so that the trial balance is made totally, such an account is called