Q31 _______ are amounts set aside out of profit earned by the company which are not designed to meet any liability, contingency, commitment or dimunition in value of assets known to exist at the statement of financial position date Posted on:
Q30 The internal surgical operation undertaken by a company by way of changing the capital sturcture is : Posted on:
Q28 Issue of shares to existing shareholders at a price lower than the existing market price is : Posted on:
Q27 When a company sells all the shares to an issuing house, usually a financial institution which in turn sells them to the public at a profit is : Posted on:
Q24 In company accounts , the balance in the share premium account is shown as a separate item in the statement of financial position grouped under the heading: Posted on:
Q23 __________ involves the formation of a new business which acquires the assets and Liabilities of the two or more existing businesses which are then liquidated Posted on:
Q22 A company cannot proceed to make any allotment of its shares to the public for subscription unless the ————- of the issued amount has been received Posted on:
Q21 WhIch type of debenture can only be repayable when the company goes into liquidation : Posted on:
