Accountancy, asked by supriya434, 7 months ago

Q.1 Objective Questions :
1.
The balance of Share Forfeiture A/c is transferred to
of these share.
a) Reserve Capital
b) Capital Reserve
c) Profit & Loss
d) Share capital
2. Premium received on issue of shares is shown to
a) Liability side of Balance Sheet b) Asset side of Balance Sheet
c) Profit & Loss Account debit side d) Profit & Loss A/c credit side.
3. Shareholders get .........
on shares.
a) Interest
b) Commission
c) Rent
d) Dividend
4.
The document inviting to subscribe the shares of a company is .....
a) Prospectus
b) Memorandum of Association
c) Articles of Association d) Share certificate
(A) Select he appropriate answer from the alternative given below and rewrite the sentence
account after re-iss​

Answers

Answered by penmethsargmailcom
0

Answer:

3A:a

Explanation:

Shareholders get interest on shares

Answered by Eutuxia
4

Answer:

1) b) Capital Reserve.

2) a) Liability side of Balance Sheet

3) d) Dividend

4) a) Prospectus

Explanation:

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