Share capital

Share capital

11th - 12th Grade

15 Qs

quiz-placeholder

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Share capital

Share capital

Assessment

Quiz

Other

11th - 12th Grade

Practice Problem

Medium

Created by

Gagan goyal

Used 8+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A Company has

Separate legal entity

Perpetual existence

Limited liability

All of above

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Shareholders are

Customer of company

Owners of the company

Creditors of the company

Suppliers of the company

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Reserve capital is also known as

Capital reserve

Called up capital

Subscribe capital

None of above

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Pro rata allotment is made when there is

Under subscription

Oversubscription

Equal subscription

As and when desired by directors

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Shareholder get return in the form of

Interest

Dividend

Commission

Profit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Discount allowed on re-issue of forfeited share is debited to

Share capital A/c

share forfeiture A/c

Statement of Profit and loss

General reserve

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a share of 100 on which 60 has been paid, if forfeited. it can be reissued at the minimum price of

60

100

40

140

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