ISSUE OF SHARES

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

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

Actual number of shares offered to the public by the company for subscription is known as___________.

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

Excess balance amount of share forfeited account will be transferred to ___________ Account.

The application money should be refund within _______ days from the closure of the issue.

A company must receive minimum subscription of _____ 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 company issued 50,000,12% preference shares of Rs.100 each. Company received applications for 70,000 shares. This will be known as ________of shares.

The % associated with preference shares is prefix is the rate of________.