ISSUE OF SHARES

Share capital of a company is divided into small units .Every unit is known as (a)   .

The options granted by the company to its employees and employee directors at a price that is lower than the market price is (a)   .

Actual number of shares offered to the public by the company for subscription is known as (a)   .

When the shares are issued at a price more than the face value, it is known as share issued at (a)  

Excess balance amount of share forfeited account will be transferred to (a)   Account.

The application money should be refund within (a)   days from the closure of the issue.

A company must receive minimum subscription of (a)   of shares before it allots the share.

X Ltd purchase the running business of Y Ltd consist total asset of Rs. 10,00,000 liabilities of Rs. 2,00,000. X Ltd paid Rs. 2,00,000 immediately in cash and balance by issuing 7,000 share of Rs. 100 each at a premium of Rs. 20 per share. The goodwill A/c will be debited by Rs. (a)   .

A company issued 50,000,12% preference shares of Rs.100 each. Company received applications for 70,000 shares. This will be known as (a)   of shares.

The % associated with preference shares is prefix is the rate of (a)   .