Page 407 - VIRANSH COACHING CLASSES

8 Company Accounts : Issue of Shares

Q.1 A) Select he appropriate answer from the alternative given below and rewrite the sentence.

Ans : 1) Capital Reserve 2) Liability Side of Balance Sheet
3) Dividend 4) Prospectus 5) 10%
6) debited 7) Limited
8) Nominal/Authorised Capital 9) calls is arrears 10) Articles of Association

B) Give one word/term/phrase for each of the following statements.

Ans : 1) Calls in Arrears 2) Issue at par 3) Shareholder
4) Joint Stock Company 5) Subscribed Capital 6) Preference Shares
7) Equity Shares 8) Uncalled Capital

C) State True or False with reasons.

Ans : True : (3) False : (1), (2), (4), (5), (6)

D) State whether you agree or disagree with following statements.

Ans : Agree : 3,5,7,8,10 Disagree : 1,2,4,6,9

F) Complete the following sentences.

Ans : 1) Premium 2) Authorised 3) Calls in Arrears
4) Preference 5) Equity 6) Joint Stock Company
7) Subscribed 8) Unissued

G) State whether you agree or disagree with following statements.

Ans : 1) 3,500 2) 10,000 3) 16,000 4) 8,00,000 5) 1,99,8000 6) 2,000

9 Analysis of Financial Statments

Q. A. Select the most appropriate alternative from those given below and rewrite the sentences :

Ans: 1) Net sales 2) Current Assets 3) Current Assets - Stock
4) Sales - Gross Profit 5) Operating Ratio 6) Common Base
7) Current Liabilitie 8) 2:1 9) Liquidity

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