CUET UG 2024 — Company Accounts

If a delay occurs beyond 8 days in refunding the subscription amount, failing to gather the minimum subscription, from the date of closure of the subscription list, the company shall be liable for interest at the rate of:

A company can accept calls in advance, if authorised by:

Arrange the following in the correct sequence in the context of debenture.

Arrange the following in the correct order:

400 shares of ₹ 50 each issued at par were forfeited for non-payment of final call of ₹ 10 per share. These shares were reissued at ₹ 45 per share as fully paid-up. The amount transferred to capital reserve is:

When debentures are issued at premium and redeemed at premium, the journal entry will have the following combination:

Match List-I with List-II

Match List-I with List-II

Oversubscription is a situation where the