Corporate Accounting

What are the kinds of Company?

• Public Company

• Private Company

• Unlimited Company

• All the Above

Share allotment account is

• Personal

• Real

• Nominal

• Intangible

Public limited companies cannot issue

• Sweat equity shares

• Deferred shares

• Preference shares

• Equity shares

Redeemable preference shares are redeemable within

• 20 yrs

• 7 yrs

• 5 yrs

• None of the above

Goodwill is

• Tangible Asset

• Intangible Asset

• Fictitious asset

• None of the above

Debentures and shares are shown in balance sheet at

• Face value

• Discount

• Premium

• None of the above