Financial Accounting 2 MCQs
V
Q 11. Cancelation of shares mean
P
Q 12. If the minimum subscription is not received by the company, then the refund of application money should be made within ______ days.
P
Q 13. Debentures can be issued only
P
Q 14. Dividends are usually paid as a percentage of
V
Q 15. Debenture holders are the _____ of the company
P
Q 16. Debenture holders have right to receive _______ even if there is no profit
V
Q 17. Shareholders get:
P
Q 18. Preference shares have priority over equity shares for
R
Q 19. After the issue of forfeited shares, balance of forfeited shares account Is transferred to
P