New ! Accountancy MCQ Practise Tests



Company Accounts 2 Mark Creative Question Paper With Answer Key

12th Standard

    Reg.No. :
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Accountancy

Time : 00:30:00 Hrs
Total Marks : 16

    2 Marks

    8 x 2 = 16
  1. Definition of a Company.

  2. What is allotment?

  3. What is prorata allotment?

  4. What are the differences between over subscription and under subscription?

  5. Name different types of share capitals.

  6. What is meant by Authorized capital?

  7. What do you mean by Capital Reserve? .

  8. Sara Company issues 10,000 equity shares of Rs.10 at a premium oft 2 each payable fully on application. Pass journal entries. 

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