The profit on reissue of shares is transferred to ….

Related MCQs

• The profit on reissue of forfeited shares is transferred to ………
• Discount on reissue of forfeited shares should not exceed ………….
• In case of redemption out f profit, an amount equal to face value of shares so redeemed should be transferred to …………
• Profit on the re‐issue of forfeited shares is transferred to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ account.
• When 4,000 equity shares of Rs.10 each is bought back at Rs.20 per share, the amount to be transferred to Capital Redemption Reserve is
• When own debentures are cancelled any profit on cancellation is transferred to …
• When the proposed dividend exceeds 20% of paid up capital, percentage of profit transferred to general reserve is…..
• When own debentures are cancelled, any profit on cancellation is transferred to ……..
• If rate of proposed dividend is less than 10% of paid up capital, the rate of profit transferred to Reserve shall be………..
• …….of profit is transferred to statutory reserves.