accounting for share capital

penalty for delay in refunding application money is charged at

15%

capital of a company is divided into units which is called?

bond

which shareholder have the right to receive the arrears of dividend from future profits?

cumulative preference shareholders

nominal capital is?

the maximum amount of share capital that a company is authorised to issue

reserve capital is not a part of a) authorised capital b) subscribed capital c) unsubscribed capital d) issued share capital

unsubscribed capital

as per SEBI guidelines, application money should not be less than ________ of the issue price of each shares

25%

preference shares, in case the holders of these have a right to convert preference shares into equity shares at their option according to the issue, such shares are called

convertible preference shares

first call amount received in advance from the shareholders before it is actually called up by the directors is

credited to calls in advance account

equity share cannot be issued for the purpose of a) cash receipts b) purchase of assets c) redemption of debentures d) distribution of dividend

distribution of dividend

shareholders receive ________from the company as a benefit against their investment

dividend

the shares on which there is no any pre-fixed rate of dividend decided,, but is fluctuating every year according to the avaliability profits, are called

equity shares

a company, for the purpose of raising funds, may issue

equity shares and preference shares

liability of a shareholder is limited to _______ of the shares allotted to him

face value

if the purchase consideration is more than net worth, then which account will be debited for the difference amount?

goodwill a/c

if the premium on forfeited shares has already been received, then securities premium account should be?

no treatment

a preference share which does not carry the right of sharing in surplus profits is called?

non-participating preference share

a private ltd company with only one person as its memeber is called ?

one person company

preference shareholders have the right to?

preferential right as to dividend and repayment of capital at the time of liquidation of the company

if shares of 4,00,000 are issued for purchase of assets of 5,00,000, 1,00,000 will be treated as?

premium

_____________means any offer of securities to a select group of persons by a company other than by way of public offer

private placement of shares

which document is prepared by the company as an invitation to the public to subscribe for company's share?

prospectus

a portion of share capital that is reserved by the company and will be utilised only on the happening of winding up of the company is called?

reserve capital

when the shares are issued for consideration other than cash, which account will be credited?

share capital account

which of the following capitals is shown in the companys balance sheet? a) authorised capital b) issued capital c) subscribed capital and fully paid up d) reserve capital

subscribed capital and fully paid up

subscribed capital is?

that part of the issed capital which has been actually subscribed by the public

to whom dividend is given at fixed rate in a company

to debenture holder

the part of the subscribed capital whcih has not yet been called is known as?

uncalled capital