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What is meant by ‘Over subscription’ and ‘Under subscription’? How are these dealt with in accounting records?

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Important Questions on Accounting for Share Capital

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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What is the correct accounting treatment when shares are issued at a premium?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What is a company? What are its characteristics?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What is meant by the term ‘share’? What types of shares can be issued under the Companies Act, 2013?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
How are shares recorded in the journal when all payments are received on issued shares?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What is a private company?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What is 'Minimum Subscription'?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
Under what conditions can a company issue shares at a discount?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
How should a company record the issue of shares when applications exceed the available shares?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What is a listed company?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What are the main categories in which the share capital of a company is divided?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
For what purposes can a company use the amount of Securities Premium?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What does 'Calls in Advance' mean?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What are preference shares? What are the different types of preference shares?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What are the provisions related to ‘Calls in Arrears’ and ‘Calls in Advance’?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What is a public company?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What does 'Calls in Arrears' mean?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
How are shares allotted in the case of over-subscription?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
Under what circumstances can shares be forfeited?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
What are the uses of securities premium?
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Accountancy>Company Accounts and Analysis of Financial Statements>Accounting for Share Capital>Subscription of Shares and Accounting Adjustments
How are forfeited shares handled when they are reissued at a discount?