Share Capital of a Company

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Share Capital of a Company: Overview

This topic covers concepts such as, Share Capital of a Company etc.

Important Questions on Share Capital of a Company

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Other Subjects>Accounting for Share Capital>Share Capital of a Company> Q 1

What is the maximum permissible time for filing a return of allotment with the Registrar of Companies?

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Other Subjects>Accounting for Share Capital>Share Capital of a Company> Q 2

As per the Companies Act, 2013, what is the validity period for the allotment of shares?

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Other Subjects>Accounting for Share Capital>Share Capital of a Company> Q 3

What is the minimum subscription amount as per the Companies Act, 2013?

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Other Subjects>Accounting for Share Capital>Share Capital of a Company> Q 4

Which section of the Companies Act, 2013 deals with the issue of share capital?

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Other Subjects>Accounting for Share Capital>Share Capital of a Company> Q 5

What is the maximum number of members allowed in a private company according to the Companies Act, 2013?

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Other Subjects>Accounting for Share Capital>Share Capital of a Company> Q 6

Identify the components of equity:

A. Money received against share warrants
B. Working capital
C. Share capital
D. Reserves & surplus
E. Cash Revenue from operations

Choose the correct answer from the options given below:

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Other Subjects>Accounting for Share Capital>Share Capital of a Company> Q 7

What is the correct sequence of types of capital in company’s Balance sheet while preparing notes to accounts.

A. Issued Capital
B. Subscribed and fully paid up capital
C. Share forfeited Balance
D. Authorised Capital
E. Subscribed but not fully paid up capital

Choose the correct answer from the options given below:

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Other Subjects>Accounting for Share Capital>Share Capital of a Company> Q 8

Match List-I with List-II:

List-I (Name of account to be debited or credited, when shares are forfeited) List-II (Amount to be debited or credited)
(A) Share Capital Account (I) Debited with amount not received
(B) Share Forfeited Account (II) Credited with amount not received
(C) Calls-in-arrears Account (III) Credited with amount received towards share capital
(D) Securities Premium Account (IV) Debited with amount called up

 

Choose the correct answer from the options given below:

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Other Subjects>Accounting for Share Capital>Share Capital of a Company> Q 9

Match List-I with List-II:

List-I List-II
(A) Share capital (I) Will be called at the time of winding up
(B) Reserves and surplus (II) Calls in advance
(C) Reserve capital (III) Subscribed but not fully paid
(D) Current liabilities (IV) Sinking fund

 

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Other Subjects>Accounting for Share Capital>Share Capital of a Company> Q 10

Arrange the following in the correct order:

(A) Subscribed Capital

(B) Issued Capital

(C) Authorised Capital

(D) Paid-up Capital

(E) Called-up Capital

Choose the correct answer from the options given below: