Select the correct option to test your answer:
Commerce
Accounting
Difficulty: Medium
ABC Ltd., forfeited 20 shares of Rs. 10 each on which Rs. 6 per share were paid. If out of these shares 8 shares were reissued to Hari as fully paid up on payment of Rs. 5.50 per share, the amount that will stand to the credit of Share Forfeited A/c will be
More Commerce Questions
Method of stock valuation which is multiple of earning per share, book value and net income is classified as
With reference to Financial inclusion, which of the following statements is correct? (1) It focuses on providing financial solutions to the economically underpriviledged class. (2) It is a method of offering banking services to individual. Select the correct answer:
Main components of foreign currency reserve of our country are:
Primary care can be described as _________.
An insurance that is purchased by an insurance company to remain solvent after major claims is known as