A company is not allowed to rise Paid up capital Called up capitalA ltd. Forfeited 450 equity share 2,800 2,700the maximum share application 10% of Nominal values of sh25%of Nominal values of Share application account is of th Suspense account personal accountBalance of forfeited shares accounCapital redemption reverse General reverse Redeemable prefernce share cn out of revenure profit only out of capital profit onlyThe redeemable preference share csection 80 of the companies sec 90 of the companies On the redemption of preference Fixed assests revaluation ac General reverse accountManish ltd, has to redeem Pref,sh 60000 64000A ltd decides to redeem 820,12% Rs80,000 Rs82,000Because of buy back of share there Called up value of the share Nominal value of the shawhich of the following is a free r debenture redemption resershare forfeiture acountwhich of the following is a not fr asset revaluation reserve profit and loss accountno company shall purchase its ownauthorised capital of the c total paid up capital of every buyback of the share shall 10 month 11 monthbonus shares means such shares wissued by a newly formed c issued to the director ofthe board of directors has to fix 40 days before 41 days beforeRedeemable prefernce share cn general reseves only dividend equalisation ressujata limited utilized its gener 378,000 376,000Bonus shares are issued by a comit has high net profit ratio it has to attract new inveafter redemption of debentures if profit and loss Appropriatio Capital Reserve Accountinterest received on debenture r credited to general reserve credited to debenture reAs per Schedule VI to the companicurrent Liability Contingent LiabilityWhich of the following will appearDirector fees Interest on Debenture A limited proposes divind of 10%, Rs 2,44,000 244500calims against the company whichun secured loans an item in notes to balanuncalled amount of partly paid s current Liability Loan and Advancedividend are usually paid on called up capital issued capitalThe main difference between the Sis uncalled capital is call in arrearsA company can not issue redeemba10 YEARS 20 YEARS

Authorised capital issued capital Authorised 12,900 2,600 2,700 1

50%of Nominal values of100 %of Nominal values 100 %of No 1Nominal account Real account personal a 1capital reverse Either A or B capital rev 1out of proceeds of freshout of proceeds of fresheout of proc 1Sec.70 of the companiesSec.60 of the companiessection 80 1Profits prior to incorpor Securities Premium accoGeneral re 1

46000 56000 60000 1Rs 90,200 Rs 91,840 Rs82,000 1Market value of the shaNone of the above Nominal va 1workman's compansation capital redemption rese workman's c 1general reserve dividend equilisation fu asset reval 1total paid up capital an total paid up capital an total paid 112 month 8 month 12 month 1issued to any person or issued to the existing sh issued to t 142 days before 44 days before 42 days be 1profit and loss account all of the above all of the 1

374,000 380,000 378,000 1it has to face competiti it has heavy accumulatedit has hea 1Dividend Equilisation F General Reserve accounGeneral Re 1credited to Profit and L Credited to capital Rese credited t 1Current Assets Provisions current Liab 1Corporate Dividend Tax Provision for taxation Corporate 1

250000 243500 243500 1provisions current Liability an item in 1Share CapitaL Contingent Liability Contingent 1authorised capital Paid up Capital Paid up Cap 1is calls in advance is authorized capital is call in a 115 YEARS 25 YEARS 20 YEARS 1