Question

THIS QUESTION IS 12 TH ACCOUNTANCY

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Answer 1

Answer:

1)(b)/ ₹27,500

2)(d)/ Entrance Fees

3)Authorised Capital is the maximum amount of capital which a company is authorized to have.

Or

Authorised Capital is the maximum amount of capital which a company can issue in its entire lifetime.

4) (a)/ 3:2

5) (c)/ ₹15,000

6) In case of retirement of a partner, profit or loss on revaluation of assets and reassessment of liabilities is distributed among the old partners in the old ratio

7) (b)/ ₹12,00,000

8) Private Placement means any offer of securities to a select group of persons by a company other than by way of public offer.

Explanation:

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