Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test With Answers

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Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test

Sr. # Questions Answers Choice
1 Registered company is 2 3 4 5
2 Kind of company is. 2 3 4 5
3 A situation where a company receives more application than actual number of shares offered to the public for subscriptions is termed as. Oversubscription Udner subscription No subscripition None of these
4 A situation where a company receives application for a less number of shares than offered to the public for subscription is termed as. Oversubscription Under subscription No subscription None of these
5 The owner wquity in a company is commonly called. Shareholder equity promotors equity Directors equity None of these
6 premium on issue of shares is shown in. Assets side of balance sheet Liabilities side of balance sheet Trading account Profit and loss account
7 The amount of share capital with which a company is registered is called. Authorized capital Issued capital Paid up capital Called up capital
8 The debentures which does not carry any charges o the assets of the company. Simple debentures Mortagage debentures Redeemable debentures None of these
9 Ordinary shares are also known as. Equity shares Deffered shares Bonus shares Preference shares
10 Premium on issue of share is a. Capital profit Business loss Revenue profit Revenue loss
11 The face value of the share is also known as. Book value Par value Market value None of these
12 A person who purchases the share of the company becomes its. Share holder Debenture holder Under writer Promoter
13 Debenture holders are. Creditors Owners Customers of the company Debtors
14 The debentures which are payable to bearere, are termed as. None transfereble Registered debentures Bearer debentures Non - bearere debentures
15 Unclaimed dividend is shown as. Asset Liability Deduction from paid up capital None of these
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