When bonus share are received the average cost of the existing shares are ______

Related MCQs

• When shares are forfeited, the share capital account is debited with ________ and the share forfeiture account is credited with __________.
• Bonus shares are issued by ________ free reserves
• Bonus shares are issued out of _________
• Right share are not offered to the existing equity shareholders if:
• The excess price received over the par value of shares, should be credited __________.
• If shares are bought back out of free reserves then a sum equal to nominal value of the shares so bought back is transferred to:
• After the issue of forfeited shares, balance of forfeited shares account Is transferred to
• Preference shares have priority over equity shares for
• If the opening balance of petty cash is Rs 1000, closing balance is Rs 500 and the petty cash received from HO is Rs 700, then what will be the amount of sundry expenses _____
• Goods sent by HO but not received by branch before the end of the year, by debiting it to goods in transit, which account should be credited?