Total Amount = ? 4,40,000 Face value of shares is 10. Premium 10% = Premium amt Rs. 1. Issue Price = Face Value + Securities Premium 10 + 1 = 11 No. of Equity Shares = \(\frac< \text>>< \text>>\) = \(\frac < 440000>< 11>\) = 40,000 Shares
Question 2. Currency received ahead of time off express people prior to it being actually called – up because of the director try (a) debited to help you calls – from inside the – progress An effective/c (b) Cr in order to Calls – for the – advance A good/c (c) Dr to help you phone calls A great/c (d) none of your significantly more than Respond to: (b) Cr so you can Calls – for the – progress An effective/c
Matter 3. Securities Superior Reserve can be used for ……………… (a) Paying interest for the debentures (b) conference the price of issue of offers (c) Paying tax accountability (d) Spending dividend since shares Answer: (b) conference the price of problem of offers
Matter 4. Whenever show are permitted and that of one’s pursuing the account are paid? (a) Share financial support A great/c (b) Share Allotment A great/c (c) Express Software Air conditioning (d) Shareholders Ac Address: (a) Express financial support Ac
Question 5. Proper issue of shares try given in order to ……………… (a) Administrators (b) Professionals (c) Existing Shareholders (d) Shareholder A good/c Answer: (c) Existing Investors