Company accounts

Indian Company act ........

• 1956

• 1932

• 1988

• 1999

How many types of share?

• 1

• 2

• 3

• 4

Which type of company can issue share to public

• Public

• Private

• One person company

• None of these

Revised indian company act. ..........

• 2000

• 2011

• 2013

• None of these

Share can be issued to public at discount

• True

• False

• Don't know

• None of these

Minimum subscription for issue of share......

• 90%

• 10%

• 60%

• 80%

Gain on reissue of forfeiture share transfer to .......

• Capital reserve

• Reserve capital

• P/L account

• None of these

Share are alloted on pro rata basis in case of ....

• Oversubscription

• Undersubsciption

• Minimum subscription

• Forfeited share

Share can be issued to employees at a discount

• True

• False

• Don't know

• None of these

Issued share capital can be more than authorised capital

• True

• False

• Don't know

• None of these