CUET Accountancy - When a company issues shares at a premium, the company can collect Securities Premium along with the :- | PYQs + Solutions

CUET Accountancy 2025 27 May Shift 2

Company Accounts

Easy

common

Allotment Money

Call Money

Application Money

Any of these

✅ Correct Option: 4

Related questions:

22 May Shift 2

If a delay occurs beyond 8 days from the date of closure of the subscription list in refunding the amount received due to non-fulfilment of the criteria of minimum subscription, the company shall be liable to pay the amount with interest at the rate of:

4 June Shift 2

Shares except ESOP can be issued:

(A) at Premium

(B) at Par

Choose the correct answer from the options given below:

26 May Shift 2

Sahil, a share holder, failed to pay the money for second and final call of Rs. 20 on 1,000 shares issued to him at Rs. 120 (face value of Rs. 100 per share). His shares were forfeited after the second and final call. Which is correct about share forfeiture:

CUET Accountancy 2025 27 May Shift 2 PYQs

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