Multiple Choice
Security premium account can be utilized for ………….
A) Issuing fully paid bonus shares
B) Write off preliminary expenses
C) Write off underwriting commission
D) All of these
Correct Answer:
Verified
Correct Answer:
Verified
Q9: . ………..debentures are transferable by mere delivery<br>A)Naked<br>B)Mortgage<br>C)Registered<br>D)Bearer
Q10: FCD stands for ……………<br>A)Fixed Charge Debentures<br>B)Floating Charge
Q11: Discount or loss on issue of debenture
Q12: When own debentures are cancelled, any profit
Q13: A charge created not on specific assets
Q15: Debenture holders are the ……….of a company<br>A)Debtors<br>B)Owners<br>C)Creditors<br>D)Borrowers
Q16: . ……………is an instrument of acknowledgment of
Q17: . …………..is that portion of issued capital
Q18: Debentures are shown in the balance sheet
Q19: After realizing all the investments, the balance