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Question 1 reset
Capital subscribed by the public is called Subscribed Capital.
Question 2 reset
Paid-up capital means amount of capital actually paid by shareholders.
Question 3 reset
Authorised capital is the amount with which company is formed.
Question 4 reset
__________ shares enjoy preference as to dividend and repayment of capital over shares.
Question 5 reset
Shares of a limited company can be classified into
Question 6 reset
Share premium amount can be distributed as dividend amongst the shareholders.
Question 7 reset
In the very first year of working of the company, shares can be issued at discount.
Question 8 reset
If calls on shares are not received, company can forfeit these shares.
Question 9 reset
The Company Law Board's permission is required for issue of shares at a discount.
Question 10 reset

Find Profit attributable to shareholders if

  • Profit before tax = 12000
  • Tax = 4000

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