CORPORATE ACCOUNTING
Authored by Tamil Selvi
Arts
University
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to Companies (Amendment) Act 2000, a company limited by share can
issue _________ kinds of shares.
1
2
3
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The public issue must be kept open for atleast
3 days
5 days
7 days
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The maximum calls that a company can make is
one
two
three
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The part of the authorised capital not offered for subscription to the public is known as _________
Unissued capital
called up capital
reserve capital
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Calls-in-arrears is shown in the Balance Sheet as
deduction from called up capital
addition to paid up capital
addition to issued capit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Securities premium will appear in the _______side of the Balance Sheet.
Asset
Liability
Assets & Liability
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Share application and allotment account is a:
Personal account
Real account
Nominal account
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