
Find the correct sequence of procedure of issue of shares:
(A) Receipt of Applications
(B) Issue of prospectus
(C) Allotment of Shares
(D) Making call money due
(E) Receiving Call money
Choose the correct answer from the options given below:
(A) Receipt of Applications
(B) Issue of prospectus
(C) Allotment of Shares
(D) Making call money due
(E) Receiving Call money

Important Questions on Accounting for Share Capital
What is the correct sequence of allotment of shares
A. Allotment money received
B. Inviting applications from investors
C. Allotment Due
D. Application money Received
E. Share Call Money Due
Choose the correct answer from the options given below:

Match List - I with List - II.
List - I
(A) Application money should be at least ____% of the face value of the share
(B) The amount of Call should not exceed ____% of the face value of the share
(C) Minimum subscription of capital cannot be less than ____ of the issued amount according to SEBI guidelines
(D) Interest charged on call-in-arrears is @ ____ p.a.
List - II
(I) 25%
(II) 90%
(III) 10%
(IV) 5%
Choose the correct answer from the options given below:

Match List - I with List - II.
List - I
(A) Over Subscription
(B) Minimum subscription
(C) Under Subscription
(D) Private Placement
List - II
(I) Minimum amount that must be raised by issue of shares
(II) Application received is more than shares issued
(III) Allotment of shares without issue of prospectus
(IV) Application received is less than shares issued
Choose the correct answer from the options given below:






