| 981 |
The amount already paid by a shareholder whose shares are forfeited is credited to |
Accountancy/Book Keeping
Forfeiture and reissue of shares |
Easy |
| 982 |
The gain remaining on forfeited shares after they have been reissued is transferred to |
Accountancy/Book Keeping
Forfeiture and reissue of shares |
Easy |
| 983 |
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 |
| 984 |
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 |
| 985 |
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 |
| 986 |
Under Schedule III, share capital appears under which major heading? |
Accountancy/Book Keeping
Shares and debentures in the balance sheet |
Easy |
| 987 |
Securities Premium is shown in the balance sheet under |
Accountancy/Book Keeping
Shares and debentures in the balance sheet |
Easy |
| 988 |
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 |
| 989 |
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 |
| 990 |
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 |
| 991 |
A debenture holder of a company is its |
Accountancy/Book Keeping
Issue of debentures |
Easy |
| 992 |
Debentures issued to a lender as additional security for a loan are said to be issued as |
Accountancy/Book Keeping
Issue of debentures |
Easy |
| 993 |
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 |
| 994 |
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 |
| 995 |
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 |
| 996 |
Interest on debentures is |
Accountancy/Book Keeping
Interest on debentures and discount on issue |
Easy |
| 997 |
Interest on debentures is calculated on their |
Accountancy/Book Keeping
Interest on debentures and discount on issue |
Easy |
| 998 |
A company has ₹10,00,000 of 9% debentures. Interest is paid annually and TDS is deducted at 10%. What net amo… |
Accountancy/Book Keeping
Interest on debentures and discount on issue |
Medium |
| 999 |
Discount on issue of debentures is written off first out of |
Accountancy/Book Keeping
Interest on debentures and discount on issue |
Medium |
| 1000 |
A company issued ₹5,00,000 of 10% debentures at a 4% discount. Interest is paid half-yearly. What is the gros… |
Accountancy/Book Keeping
Interest on debentures and discount on issue |
Hard |