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प्रश्न
State, with reasons, whether the following statement is True or False
Handling demat shares is very time consuming.
उत्तर
This statement is False.
1. Share certificates, when converted from a physical form into an electronic form are called demat shares.
2. The depository system eliminates the handling of huge paperwork involved in the transfer of securities. Under this system, the securities are transferred by means of entries in the ledger of Depository System without physical movement of the security certificates.
3. Under the depository system, the process of transfer of securities is very simple and easy. The transfer of securities from one investor to another under this system is virtually automatic, speedy and all hurdles in the transfer of securities are removed.
4. As this system reduced the settlement time of transactions, the investor gets immediate payment from the purchaser or broker of the securities.
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संबंधित प्रश्न
The type of shareholders who can participate in the management of the company.
Equity Shares and Preference Shares.
Pass necessary journal entries in the following cases
Kay Ltd. converted 3,000, 12% debentures of Rs 100 each issued at a premium of 10% into equity shares of Rs 100 each issued at a premium of 25%.
Draft a letter of allotment of shares to the applicant.
A person who purchases shares of a company is known as _______ of the company.
Shares which are redeemed after a certain period of time.
Define Equity Shares and explain its features.
Write notes on Features of equity shares.
Write a word or term or phrase which can substitute each of the following statements:
Type of preference shares which can be redeemed after a certain period of time.
What is equity share? Explain the feature of equity shares.
Name the shareholders who are real masters of the company.
Sangam Ltd. invited applications for 10,000 Equity Shares of ₹ 100 each issued at par. The amount was payable on application. The issue was oversubscribed by 2,000 shares and allotment was made on pro rata basis. Pass necessary Journal entries.
Jain Ltd purchased machinery costing ₹ 10,00,000 from Ayer Ltd. 50% of the payment was made by cheque and for the remaining 50% , the company issued Equity Shares of ₹ 100 each at a premium of 25% . Pass necessary Journal entries in the books of Jain Ltd . for the above transaction.
Explain any three disadvantages of issuing equity shares, from the Company's point of view.
Equity share holders are ______.
Equity Shares are ______.
From the following Balance Sheets of Vinayak Ltd. as of 31st March 2021, Prepare a Common-size Balance Sheet.
| Vinayak Ltd. Balance Sheet as of 31st March, 2021 | |||
| Particulars | Note no. | 31.3.2021 (₹) | 31.3.2020 (₹) |
| I EQUITY AND LIABILITIES | |||
| 1. Shareholder’s Funds: | |||
| a. Share Capital | 30,50,000 | 20,00,000 | |
| b. Reserve and Surplus | 2,80,000 | 6,00,000 | |
| 2. Current Liabilities: | |||
| a. Trade Payable | 6,70,000 | 4,00,000 | |
| Total | 40,00,000 | 30,00,000 | |
| II ASSETS | |||
| 1. Non-Current Assets: | |||
| a. Fixed Assets: | |||
| i. Tangible Assets | 16,00,000 | 12,00,000 | |
| ii. Intangible Assets | 2,00,000 | 3,00,000 | |
| 2. Current Assets | |||
| a. Inventories | 8,00,000 | 3,00,000 | |
| b. Trade Receivables | 12,00,000 | 10,00,000 | |
| c. Cash and Cash Equivalents | 2,00,000 | 2,00,000 | |
| Total | 40,00,000 | 30,00,000 | |
When Equity Shares dominate the capital structure, the capital is considered as high geared.
Give any four types of Preferences shares.
