CUET Accountancy - Table F of the Companies Act provides for the payment of interest on calls in advance at a rate not exceeding: | PYQs + Solutions

CUET Accountancy 2025 30 May Shift 1

Company Accounts

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10% per annum.

12% per annum.

11% per annum.

15% per annum.

✅ Correct Option: 2

Related questions:

30 May Shift 1

The balance of the share forfeiture account is shown in the balance sheet under the item :

13 May Shift 1

Arrange steps for the issue of shares-

(A) Allotment of shares

(B) Issue of Prospectus

(D) Receipt of Applications

Choose the correct answer from the options given below:

4 June Shift 2

200 shares of Rs. 100 each issued at a premium of Rs.10 were forfeited for the non-payment of allotment money of Rs. 60 (including premium) per share. The first and final call of Rs. 20 per share on these shares were not made. The forfeited shares were reissued at Rs. 70 per share as fully paid-up. Capital reserve created after reissue will be:

CUET Accountancy 2025 30 May Shift 1 PYQs

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