Financial Accounts

M

Mr. Dubey • 51.43K Points
Coach

Q 11. company can issue bonus share out of source of

(A) capital
(B) Reserve capital
(C) Capital Reserve
(D) none of these
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.43K Points
Coach

Q 12. Under Section 80, Preference Shares are redeemed out of amount received from

(A) Issue of New Equity Shares
(B) Credit Balance in P & L Account
(C) Issue of New Preference Shares
(D) All of the Above
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.43K Points
Coach

Q 13. Redeemable Preference Shares can not redeemed at

(A) Cost Price
(B) Premium
(C) Discount
(D) None of the Above
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.43K Points
Coach

Q 14. Minimum time period for two bonus issue must be

(A) 12 months
(B) 24 months
(C) 36 months
(D) none of tese
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.43K Points
Coach

Q 15. The premium paid on redeemption of Preference Shares is provided from

(A) Security Premium Account
(B) General reserve Account
(C) Capital Reserve Account
(D) Profit and Loss Account
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.43K Points
Coach

Q 16. when company issues bonus share then its share price immediately

(A) increase
(B) decrease
(C) as not effect
(D) none of tese
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.43K Points
Coach

Q 17. When shares are to be redeemed out of profits, a sum equal to nominal amount of shares redeemed is to be transferred to

(A) Capital Reserve
(B) Capital Redeemption Reserve
(C) General Reserve
(D) Trading Account
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.43K Points
Coach

Q 18. A company can issue bonus share out of the following

(A) credit balance of profie and loss acoount
(B) securities premium account
(C) capital reserve account
(D) all of these
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.43K Points
Coach

Q 19. The maximum rate of interest received by a company on Calls-in-arrears as per Table 'A' is

(A) 0.06
(B) 0.18
(C) 0.12
(D) 0.05
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share

M

Mr. Dubey • 51.43K Points
Coach

Q 20. The maximum rate of interest paid by a company on Calls- in-advance as per Table 'A' is

(A) 0.05
(B) 0.06
(C) 0.1
(D) 0.025
WhatsApp Facebook Telegram

Share in MCQ Buddy Groups

Share