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160 questions found · practise this subject as a set Show 20 · 50 per page

#	Question	Subject and topic	Difficulty
81	When shares are issued at a premium, the premium amount is credited to	Accountancy/Book Keeping Issue and allotment of shares	Easy
82	An amount received from a shareholder before it has been called up by the company is called	Accountancy/Book Keeping Issue and allotment of shares	Easy
83	A company buys assets for ₹1,80,000 and pays by issuing shares of ₹10 each at a premium of 20%. How many shar…	Accountancy/Book Keeping Issue and allotment of shares	Medium
84	A company offers 10,000 shares; ₹3 is payable on application and ₹5 on allotment. It receives applications fo…	Accountancy/Book Keeping Issue and allotment of shares	Medium
85	A shareholder paid ₹20,000 as calls in advance, six months before the call fell due. If interest is paid at t…	Accountancy/Book Keeping Issue and allotment of shares	Hard
86	The amount already paid by a shareholder whose shares are forfeited is credited to	Accountancy/Book Keeping Forfeiture and reissue of shares	Easy
87	The gain remaining on forfeited shares after they have been reissued is transferred to	Accountancy/Book Keeping Forfeiture and reissue of shares	Easy
88	A holder of 100 shares of ₹10 each paid ₹3 on application but failed to pay ₹5 on allotment. The shares were …	Accountancy/Book Keeping Forfeiture and reissue of shares	Medium
89	Those 100 forfeited shares (₹300 forfeited) are reissued as fully paid at ₹8 per share. What amount is transf…	Accountancy/Book Keeping Forfeiture and reissue of shares	Medium
90	200 shares of ₹10 each were issued at a premium of ₹2, payable ₹3 on application, ₹5 on allotment (including …	Accountancy/Book Keeping Forfeiture and reissue of shares	Hard
91	Under Schedule III, share capital appears under which major heading?	Accountancy/Book Keeping Shares and debentures in the balance sheet	Easy
92	Securities Premium is shown in the balance sheet under	Accountancy/Book Keeping Shares and debentures in the balance sheet	Easy
93	Where are 9% debentures repayable after five years shown in a company's balance sheet?	Accountancy/Book Keeping Shares and debentures in the balance sheet	Medium
94	In the note on share capital, how is the balance of Share Forfeiture Account on shares not yet reissued shown?	Accountancy/Book Keeping Shares and debentures in the balance sheet	Medium
95	A company has received ₹15,000 as calls in advance. How is this shown in its balance sheet?	Accountancy/Book Keeping Shares and debentures in the balance sheet	Hard
96	A debenture holder of a company is its	Accountancy/Book Keeping Issue of debentures	Easy
97	Debentures issued to a lender as additional security for a loan are said to be issued as	Accountancy/Book Keeping Issue of debentures	Easy
98	A company buys assets worth ₹4,75,000 and pays by issuing ₹100 debentures at a 5% discount. How many debentur…	Accountancy/Book Keeping Issue of debentures	Medium
99	When debentures are redeemable at a premium, the premium payable on redemption is credited at the time of iss…	Accountancy/Book Keeping Issue of debentures	Medium
100	A company issues 1,000 debentures of ₹100 each at a 5% discount, redeemable at a 10% premium. What is the amo…	Accountancy/Book Keeping Issue of debentures	Hard