Samacheer Kalvi twelfth Accountancy Records A lot more Inquiries and you may Answers
Total Amount = ? 4,40,000 Face value of shares is 10. Premium 10% = Premium amt Rs. 1. Issue Price = Face Value + Securities Premium 10 + 1 = 11 No. of Equity Shares = \(\frac<\text>><\text>>\) = \(\frac < 440000>< 11>\) = 40,000 Shares
Matter dos. Currency obtained beforehand away from share proprietors prior to it being actually named – upwards from the manager is (a) debited in order to phone calls – inside the – get better A beneficial/c (b) Cr in order to Phone calls – when you look at the – advance A great/c (c) Dr to help you calls A beneficial/c (d) not one of your own significantly more than Address: (b) Cr so you’re able to Calls – when you look at the – get better A great/c
Matter 3. Securities Superior Set aside are used for ……………… (a) Paying rates of interest to the debentures (b) conference the cost of problem of shares (c) Using tax accountability (d) Expenses bonus since shares Answer: (b) conference the expense of issue of shares
Concern 4. When show are permitted and therefore of one’s pursuing the membership try paid? (a) Show financing An excellent/c (b) Show Allotment A good/c (c) Express Software Ac (d) Shareholders Air cooling Answer: (a) Display capital Air conditioning
Question 5. Best dilemma of offers are approved to help you ……………… (a) Administrators (b) Group (c) Present Investors (d) Stockholder A good/c Address: (c) Established Shareholders
Concern seven. In the just what rates a pals is required to spend attention towards calls – within the – arrears? (a) 6% p.a great. (b) 12% p.a beneficial. (c) 10% p.good. (d) 5% p.a. Answer: (b) 12% p.an effective.
Matter 8. With regards to the Organizations Operate 2000, a buddies limited by share is also material ……………… categories of offers. (a) 1 (b) 2 (c) 3 Address: (b) 2