DOE ONLINE CLASSES TEST FOR CLASS XII ISSUE OF SHARES CONSIDERATION OTHER THAN CASH

您的瀏覽器尚未啟用 JavaScript，因此無法開啟檔案。請於啟用後重新載入頁面。

This form is based on the learning through online classes on the topic of ISSUE OF SHARES CONSIDERATION OTHER THAN CASH organised by DOE, GNCT of Delhi

Prepared by Anita kardam (SOE, dwarka sector-22) with the help of Team members Mr. Arun Sethi(COORDINATOR), Mr. Mukesh Sharma, Mr. Tarun Mittal, Mr. Puneet Gola , Mr. Shivam Kumar , Ms. Neelam Sharma & Ms. Alka Jain

NAME OF THE STUDENT *

SCHOOL NAME *

SCHOOL CODE *

1. In case of private placement of shares to raise the amount of capital , a company *

1 分

(A) invites the public through prospectus

(B) does not invite the public

(D) invites the public through memorandum of association

2. Persons who help in formation of a company are called ………………. *

1 分

(A) Shareholders

(B) Directors

(D) Auditors

3. 4,000 Equity Shares of RS 10 each were issued at 8% premium to the promoters of a company for their services. Which account will be debited? *

1 分

(A) Share Capital Account

(B) Incorporation Expenses Account

(D) Cash Account

4. If vendors are issued fully paid shares with premium of RS 1,25,000 in consideration of net assets of RS 1,50,000, the balance of RS 25,000 will be credited to *

1 分

(A) Statement of Profit & Loss

(B) Goodwill Account

(D) Capital Reserve Account

5. A company purchased machinery for RS 1,80,000 and in consideration issued shares at 20% premium. What will be the face value of shares issued ? *

1 分

(A) RS 1,50,000

(B) RS 1,44,000

(D) RS 2,16,000

6. Raja Ltd. purchased building from Ashoka Ltd. for Rs 36,00,000. The vendors were paid by issue of equity shares of RS 10 each. What numbers of shares to be issued when shares were issued at a premium of 20% ? *

1 分

(A)3,60,000

(B)3,00,000

(D)2,80,000

7. Sico Ltd took over the assets of RS 4,80,000 and Liabilities of RS 80,000 of Mittal Ltd. for a consideration of RS 3,20,000. Rs 20,000 were paid by accepting a bill in favour of Mittal Ltd. payable after 3 months and balance by issue of fully paid up 8% preference Shares of RS 100 each at a premium of 50%. Calculate Capital Reserve/ Goodwill . *

1 分

(A) Capital Reserve 1,20,000

(B) Goodwill 1,20,000

(D) Goodwill 80,000

8.Sico Ltd took over the assets of RS 4,80,000 and Liabilities of RS 80,000 of Mittal Ltd. for a consideration of RS 3,20,000. RS 20,000 were paid by accepting a bill in favour of Mittal Ltd. payable after 3 months and balance by issue of fully paid up 8% preference Shares of RS 100 each at a premium of 50%. Calculate Number of 8% preference shares to be issued. *

1 分

(A) 3,000 shares

(B) 3,200 shares

(D) 4,800 shares

9. King ltd. issued 4,000 shares of Rs 10 each credited as fully paid to the underwriters for their underwriting commission. What journal entries will you pass for issue of shares to underwriters? *

1 分

(A)Underwriting commission A/c Dr To Underwriters' A/c

(B) Underwriters' A/c Dr To Underwriting commission A/c

(D) Equity Share Capital A/c Dr To Underwriters' A/c

10.Z Ltd. purchased machinery from K Ltd. Z Ltd. paid to K Ltd. as follows :-(i) By issuing 5,000 shares of RS 10 each at a premium of 30% (ii) By issuing 1,000 Debentures of RS 100 each at a discount of 10% (iii) Balance by giving a promissory note of RS 48,000 payable after two months . Calculate Purchase consideration . *

1 分

(A) 2,03,000

(B) 20,300

(D) 1,03,000

提交

清除表單

請勿利用 Google 表單送出密碼。

表單

Google 並未認可或建立這項內容。