CUET Accountancy - The amount of Securities Premium can be used only for the following purposes: (A) To write off preliminary expenses. (B) To make partly paid shares as fully paid up. (C) To issue fully paid bonus shares. (D) Purchase of its own shares. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 24 May Shift 1

Company Accounts

Medium

common

(A), (B) and (C) only

(A), (C) and (D) only

(A), (B) and (D) only

(B), (C) and (D) only

✅ Correct Option: 2

Related questions:

31 May Shift 1

Money received in advance from shareholders before it is actually called-up by the directors is :

27 May Shift 1

Arrange the following in correct order for issue of shares-

(A) Share forfeiture

(B) Share Application

(D) Unpaid Call

Choose the correct answer from the options given below:

(B), (A), (C), (D)
(B), (C), (D), (A)
(B), (A), (D), (C)
(C), (B), (D), (A)

26 May Shift 2

Rs 50,000 were received in advance for second and final call along with first call. The second and final call was due after two months from the first call. Table II provides for interest on calls in advance at the rate not exceeding _____ per annum and interest on calls in advance amounted to Rs ...........

CUET Accountancy 2025 24 May Shift 1 PYQs

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