CUET Accountancy - What is the amount of discount per share which is allowed by the company at the time of reissue of forfeited shares? | PYQs + Solutions

CUET Accountancy 2025 16 May Shift 1

Company Accounts

Medium

₹ 80

₹ 40

₹ 20

₹ 10

✅ Correct Option: 3

Related questions:

15 May Shift 1

What amount will be credited to Equity Share Application Account on February 10, 2024?

27 May Shift 2

Which of the following statements are correct in relation to the issue of share capital for public subscription?

(A) The application money should be at least 5% of the face value of the share.

(B) Calls are to be made as per the provisions of the articles of association.

(D) Calls need not be made on a uniform basis on all shares within the same class.

Choose the correct answer from the options given below:

3 June Shift 1

Arrange the following steps in the procedure of share issues in the correct sequence:

(A) Receipt of Applications

(B) Allotment of Shares

(D) Listing on the stock exchange

Choose the correct answer from the options given below:

CUET Accountancy 2025 16 May Shift 1 PYQs