Advertisements
Advertisements
प्रश्न
Answer in one Sentence only :
Define share.
उत्तर
The total capital of a company is divided into equal units of small denomination termed as shares.
APPEARS IN
संबंधित प्रश्न
Answer in one sentence only.
What do you mean by reserve capital?
Yogeshwari Co.Ltd. Ambajogai made an issue of 20000 equity shares of ₹ 20 each , payable as follows :
Application ₹ 5 per share ;
Allotment ₹ 10 per share ;
First call ₹ 3 per share ,
Second and final call ₹ 2 per share.
The company received applications for 25000 shaes of which application for 5000 shares were rejected and money refunded.
All the shareholders paid upto second and final call , except Dhiraj , the allotee of 200 shares who faied to pay the final call.
Pass journal entries in the books of Yogeshwari Co. Ltd, Ambajogai.
Shareholders get ___________ on shares.
The document inviting to subscribe to the shares of a company is __________.
As per SEBI guidelines minimum amount payable on share application should be ___________ of Nominal Value of shares.
Give one word/term/phrase for the following statement.
The person who purchase the shares of a company.
Give one word/term/phrase for the following statement.
The shares having preferential right at the time of winding up of the company.
State true or false with reason.
Once the application money is received, directors can immediately proceed for allotment of shares.
State true or false with reason.
Joint-stock company form of the business organisation came into existence after industrial revolution.
State true or false with reason.
Equity shareholders get guaranteed rate of dividend every year.
State whether you agree or disagree with following statement:
Paid-up capital can be more than Called up Capital.
State whether you agree or disagree with following statement:
Shares can be issued for consideration other than cash.
Answer in one sentence only.
What is Preference shares?
Company received excess application for 5000 shares @ ₹4 per share. Applications of 1000 shares were rejected and pro-rata allotment was made. Calculated the amount of application money adjusted with allotment.
For which type of capital a company pays the prescribed fees at the time of registration?
Explain different Kinds of Preference shares.
Find the odd one.
Ajita Ltd. issued 2,00,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share payable as:
₹ 3 on application
₹ 5 on allotment (including ₹ 2 premium)
₹ 4 on first and final call
Application were received for 2,40,000 equity shares and pro-rota allotment was made to all the applicants.
The excess application money was adjusted with allotment Premo who was allotted 400 shares failed to pay the first and final call and her shares were forfeited.
Pass Journal entries in the Books of Ajita Ltd.
Rakesh Ltd. issued 2,000 Equity Shares of 100 each at a premium oH 20 per share payable as follows:
| On Application | ₹ 20 |
| On Allotment | ₹ 50 (Including Premium) |
| On First Call | ₹ 20 |
| On Final Call | ₹ 30 |
Applications were received for 3,000 shares, 2000 shares allotted to the applicants for 2400 shares. The remaining applications for 600 shares being refused and application money there on was refunded. Excess money received on application was adjusted against allotment.
All amounts were duly received except Mr. Mondor to whom 80 shares were alloted. Mandar fails to pay First and Final Call. His shares were forfeited and were reissued to Mr. Ketan as fully paid at ₹ 80 per share.
Journalise the transactions in the books of the company.
Complete the following table:
Authorised capital = ______ = ______
10,000 equity shares of ₹ 100 each issued and fully subscribed and called-up at 20% premium. Calculate equity share capital and share premium amount.
Find the odd one:
Issued capital - Subscribed capital = ______
Find the odd one:
