Company Accounts

Share Capital

Easy

common

Employees Stock Option Plan (ESOP) can be offered by a company to:

Only to its employees and employee directors

To employees and employee directors of any other company

Only to its employees

To the general public

✅ Correct Option: 1

ESOP is a right, not an obligation, given to a company's own permanent employees and its whole-time or employee directors to buy its shares at a pre-decided price. It is not open to outsiders, employees of unrelated companies, or the general public.

2026: 21 May Shift 1

The correct order of the following events is:

(A) Forfeiture of shares

(B) Capital Reserve

(D) Reissue of shares

Choose the correct answer from the options given below:

2025: 3 June Shift 1

Match List-I with List-II

List–I	List–II
(A) Authorized capital	(I) Mentioned in Prospectus.
(B) Issued capital.	(II) Mentioned in Memorandum of Association.
(C) Subscribed capital.	(III) called up capital–calls in arrears.
(D) Paid up capital.	(IV) Capital for which application is received.

Choose the correct answer from the options given below:

2025: 30 May Shift 1

__________ is that portion of the subscribed capital which has not been demanded by the company. The company may collect this amount any time when it needs further funds :-

2025: 22 May Shift 1

Gupta Ltd. issued 1,000 equity shares of Rs. 100 each as fully paid-up, to the vendor, in consideration of the purchase of plant and machinery worth Rs. 1,00,000. Which of the following entry will be recorded in the company's journal for it?

2025: 24 May Shift 1

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

2026: 13 May Shift 2

Vijeta Limited took over assets worth Rs. 10,00,000 and liabilities of Rs. 3,00,000 from Gupta Ltd. for a purchase consideration of Rs. 12,00,000. Vijeta Ltd. has given a bill of Rs. 2,00,000 and agreed to settle the remaining purchase consideration by issuing shares at a premium of 25% on face value of Rs. 100 per share. How much amount will be credited to the securities premium reserve account in this case?

Employees Stock Option Plan (ESOP) can be offered by a company to:

Solution

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