Share Capital Questions

Which of the following will be credited for the excess amount received along with allotment money from the shareholders?

Which of the following is incorrect about the minimum subscription?Minimum subscription is the minimum amount that, in the opinion of directors, must be raised to meet the needs of business operations of the company relating to:

In which order, the share capital of the Company is shown on the balance sheet:(A) Authorized Capital
(B) Subscribed and fully paid up Capital
(C) Issued Capital
(D) Subscribed but not fully paid upChoose the correct answer from the options given below:

Gupta Ltd. issued 1,000 equity shares of $\text{Rs. }100$ each as fully paid-up, to the vendor, in consideration of the purchase of plant and machinery worth $\text{Rs. }1,00,000$. Which of the following entry will be recorded in the company's journal for it?

Which of the following indicates the other name of 'Nominal Capital'?

Which statements are correct about capital reserve?(A) It is necessary to create capital reserves out of capital profits, if any.
(B) It cannot be used to issue bonus shares.
(C) It can be used to write off capital losses or to issue bonus shares any time during the lifetime of the company.
(D) It is not shown on the company balance sheet.Choose the correct answer from the options given below:

Which of the following is not a feature of a company?

As per Table F, the rate of interest provided on calls in advance can't exceed ........... p.a?

Which of the following company, by its articles, restricts the right to transfer its shares?

What does 'E' stand for in ESOP?

Interest on calls-in-arrears is charged according to 'Table F' at the rate of ....... p.a?:

Which company doesn't restrict the right to transfer its shares?