CUET Accountancy - Oversubscription is a situation where the | PYQs + Solutions

CUET Accountancy

Company Accounts

Easy

number of shares applied for is equal to the number of shares issued

number of shares applied for is more than the number of shares issued

number of shares applied for is less than the number of shares issued

face value of the share is less than the issue price of the share

✅ Correct Option: 2

Related questions:

2 June Shift 2

A share of Rs. 10 on which Rs.8 was called up was forfeited for non-payment of Rs.5. This share can be reissued at a minimum price of Rs.

14 May Shift 1

Arrange the following capitals in correct sequence as they appears in notes to account-

(A) Subscribed and Not Fully paid-up

(B) Subscribed and Fully paid-up

(D) Nominal Capital

Choose the correct answer from the options given below:

20 June Shift 2

The process of receiving minimum subscription of 90% of the entire issue must be completed within ______ days from date of issue of prospectus

CUET Accountancy PYQs