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Samacheer Kalvi twelfth Accountancy Balances Extra Questions and Answers

Samacheer Kalvi twelfth Accountancy Balances Extra Questions and Answers

Total Amount = ? 4,40,000 Face value of shares is 10. Premium 10% = Premium amt Rs. 1. Issue Price = Face Value + Securities Premium 10 + 1 = 11 No. of Equity Shares = \(\frac<\text>><\text>>\) = \(\frac < 440000>< 11>\) = 40,000 Shares

Matter dos. Currency acquired beforehand out of express holders prior to it being in reality called – upwards because of the manager is actually (a) debited in order to phone calls – inside the – progress A great/c (b) Cr in order to Calls – inside – advance Good/c (c) Dr so you can phone calls A good/c https://datingranking.net/escort-directory/modesto/ (d) nothing of your above Respond to: (b) Cr to help you Phone calls – for the – improve Good/c

Question step three. Ties Advanced Reserve can be used for ……………… (a) Paying interest towards the debentures (b) fulfilling the cost of issue of offers (c) Paying income tax accountability (d) Paying bonus since the shares Address: (b) conference the cost of dilemma of shares

Matter cuatro. Whenever share are permitted and that of the adopting the account is paid? (a) Display investment A/c (b) Share Allowance Good/c (c) Express Software Air-conditioning (d) Shareholders Ac Answer: (a) Share money Air conditioning

Matter 5. Correct problem of shares is actually granted in order to ……………… (a) Administrators (b) Employees (c) Current Investors (d) Stockholder A good/c Address: (c) Current Investors

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