Multiple Choice
A situation where a company receives applications for a smaller number of shares than offered to the public for subscription is termed as:
A) Over Subscription
B) Under Subscription
C) Normal Subscription
D) All of above
Correct Answer:

Verified
Correct Answer:
Verified
Q15: In case debentures of Rs. 10,000 are
Q16: Which of the following is not one
Q17: Annual depreciation of machine is 40000, cost
Q18: XYZ has imported a machine from abroad.
Q19: Discount allowed on reissue of forfeited shares
Q21: Provision for depreciation account appears on the
Q22: Shares having preferential right as to dividend
Q23: A share of a public company is:<br>A)Non-refundable<br>B)Non-transferable<br>C)Transferable<br>D)Not
Q24: A reserve created for redemption of debentures
Q25: Provision for Depreciation is<br>A)An appropriation of profit<br>B)A