Corp

The accounts related to corporate bodies or joint stock company is called as

• Corporate accounts

• Financial accounting

• Cost accounting

• Management accounting

What is entitled to the debentures holder?

• Fixed dividend

• Profit share

• Voting rights

• Interest at fixed rate

Dividend is usually paid on

• Authorised capital

• Issue capital

• Paid up capital

Equity shareholders is a

• Customer

• Treated as Owner of the company

• Creditors

• No relationship

Shares are issue at a higher price then the face value is called as

• Discount

• Premium

• Issue at loss

Security premium account shown in balance sheet under the heading of

• Miscellaneous expenses

• Current liabilities

• Reserve and surplus

• Fixed assets

Equity shareholders having a right to

• Voting power

• No voting power

• Power of debentures

Which statement issued before the issue of shares

• Memorandum

• Article of association

• Prospectus

• Minutes

The difference between subscribed capital and called up capital is

• Call in arrears

• Calls in advance

• Un called capital

• No subscription

Right shares are issued to

• Existing shareholders

• Debentures holder

• Public

• Debtors