Financial Accounting 2 MCQs
A
Q 21. Forfeiture of shares results in compulsory termination of ______ due to non-payment of allotment/call money
G
Q 22. Right shares are issued to _________ shareholders
S
Q 23. Bonus shares are issued out of _________
V
Q 24. Bonus shares are issued by ________ free reserves
P
Q 25. When bonus share are received the average cost of the existing shares are ______
V
Q 26. A company can issue share at a discount if
P
Q 27. Which of the following is not a statistical book of a company?
R
Q 28. According to sec. 100(1)(c) of the companies act, a company can pay back share capital which is in excess of need if:
R
Q 29. Redeemable Preference shares can be redeemed out of __________
V