WorksheetsCorp
Total questions: 10
Worksheet time: 5mins
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
