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Published on: 01/09/2022
QB365 provides a detailed and simple solution for every Possible Creative Questions in Class 12 Accountancy Subject - Company Accounts, English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download Tamil Nadu 12th Standard Accountancy question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Accountancy Test

1.
Second installment called _______
first call money
allotment money
final call money
application money
2.
First installment called __________
application money
allotment money
first call money
final call money
3.
Issue of equity shares to the existing shareholders of the company free of cost out of a accumulated profit is known as __________
private placement
public issue
rights issue
bonus issue
4.
Issue of equity shares to the existing share holders of the company through a letter of offer is known as ____________
public issue
rights issue
bonus issue
private placement
5.
Issue of equity shares to the public through prospectus by a public company is call ___________
Public issue
Private placement
Rights issue
Bonus issue
6.
Paid up capital is that part of called up capital which has been actually paid by the ____________
shareholders
members
cardholders
directors
7.
Authorised capital is also known as ____________
paid up capital
called up capital
nominal capital
subscribed capital
8.
Equity shares are also known as
authorised capital
issued capital
subscribed capital
ordinary shares
9.
Equity shares do not enjoy any ___________
Equity rights
Preference rights
Dividend of rights
Ordinary shares
10.
The capital of a company is divided into small units of ________
current amount
fixed amount
capital amount
none of these
11.
The liability of the shareholders of the company is limited to the extent of face value of the shares held by the ___________
shareholders
cardholders
debenture holders
none of these
12.
Profits are distributed among the shareholders in the form of ___________
shares
dividends
both
none of these
13.
The money raised by issuing shares is called
Share capital
Dividend
Equity capital
Share application
14.
The capital of companies is divided into small units called __________
shares
debentures
dividend
none of these
15.
In order to meet them production must be carried on a _________
small scale
large scale
medium scale
none of these
1.
(b)
allotment money
2.
(a)
application money
3.
(d)
bonus issue
4.
(b)
rights issue
5.
(a)
Public issue
6.
(a)
shareholders
7.
(c)
nominal capital
8.
(d)
ordinary shares
9.
(b)
Preference rights
10.
(b)
fixed amount
11.
(a)
shareholders
12.
(b)
dividends
13.
(a)
Share capital
14.
(a)
shares
15.
(b)
large scale
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Tamilnadu Stateboard 12th Standard Subjects

Maths

Chemistry

Physics

Biology

Computer Science

Business Maths and Statistics

Economics

Commerce

Accountancy

History

Computer Applications

Biology

Computer Technology

Computer Applications

Computer Science

Business Maths and Statistics

Commerce

Economics

Maths

Chemistry

Physics

Computer Technology

History

Accountancy

Tamil

English

French
Tamilnadu Stateboard Standards