Arrange following important steps being used in the procedure of share issue:

A. Receipt of Applications

B. Allotment of shares

C. Issue of Prospectus

D. Receipt of Minimum subscription

Choose the correct answer from the options given below:

Which of the following will be credited for the excess amount received along with allotment money from the shareholders?

When a company issues shares in open market and the amount is payable in instalments. What is the sequence of amount demanded by the company?

A. Money received on calls

B. Money due on calls

C. Allotment money received

D. Application money transferred to Share Capital A/c

E. Allotment money due.

Choose the correct answer from the options given below:

Manser Company Ltd., New Delhi, has registered its capital as Rs. 40,00,000, divided into 4,00,000 shares of Rs. 10 each. The company offered the public a subscription of 2,00,000 shares of Rs. 10 each. The company received applications for 2,00,000 shares. The company did not make the final call of Rs.2 per share. The company received all the amount except 2,000 shares where share first call money of Rs 3 per share has not been received. Share capital to be shown in balance sheet of Manser Company Ltd. will be:

Mukesh Ltd. offered 4,00,000 shares, of Rs. 10 each to the public for subscription, to be received as Rs. 2 on application, Rs. 3 on allotment, Rs. 3 on first call and the balance on final call. The company received applications for 4,50,000 shares. The company finalised the allotment of 4,00,000 shares and rejected applications for 50,000 shares. The company did not make the final call. The company received all the amount except on 20,000 shares where call money has not been received. The amount of share capital that will be shown in the balance sheet of Mukesh Ltd. as:

Identify the true statement in respect of Reserve Capital :-

The amount of Security Premium Reserve shown under the sub-head 'Reserves and Surplus' will be: