A part of the capital which can be called-up only at the time of winding up of the company is called ……………
CS Executive · Corporate and Management Accounting · PYQS · December 2024
A part of the capital which can be called-up only at the time of winding up of the company is called ……………
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Share Capital
Related Questions in this Topic
- A company forfeited 100 equity shares of ₹ 100 each on which a final call of ₹ 4 per share was unpaid. At what minimum r...
- When shares are bought back at discount, the journal entry passed is:
- On the basis of Question No. 13, calculate the amount of gain transferred to capital Reserve after reissue of forfeited ...
- On the basis of Question No. 13, calculate the amount to be debited to Shares Forfeiture Account at the time of reissue ...
- X applied for 2,000 shares of ₹ 10 each at a premium of ₹ 2.50 per share. He was allotted 1,000 shares. After having pai...