Corporate Accounting (F&T)

The shares which are offered to the existing shareholders are called

• for paying dividends to member

• for issuing bonus share to member

• for writing off preliminary expenses of the company

• for writing off discount on issue of debentures

Figure out the Order -

1. Issued Capital

2. Subscribed Capital

3. Authorised Capital

4. Paid Up Capital

5. Called Up Capital

• 2, 3, 5, 1, 4

• 2, 1, 3, 5, 4

• 3, 1, 2, 5, 4

• 3, 2, 1, 4, 5

Tara Ltd. issued 120,000 shares. The issued was subscribed for 110,000 shares. This is a case of ______.

• Full Subscription of Shares

• Undersubscription of Shares

• Oversubscription of Shares

What is the minimum amount of shares that has to be subscribed in an IPO? (Initial Public Offer)

• 95%

• 90%

• 100%

• 80%

A Co. has issued 6,000 equity shares of. Rs. 10 each at par and called up amount Rs. 6 per share. The remaining part of capital is termed as

• Called up Capital

• Paid up Capital

• uncalled Capital

• Subscribed Capital

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

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

Redeemable preference shares are redeemable within

• 20 yrs

• 7 yrs

• 5 yrs

• None of the above

Debentures and shares are shown in balance sheet at

• Face value

• Discount

• Premium

• None of the above

Minimum no. of members in case of public companies is

• 4

• 6

• 5

• 7