1. 11)face 12)dissenting 13)Schedule III 14)capital reduction 15)funds 16)debited 17)accumulated losses 18)Registrar 19)internal reconstruction 20)credit, HSC Question Paper 2023 12th Commerce (Download Free pdf), HSC OCM Paper 2023 March Maharashtra Board | Download Free Pdf, HSC SP Paper 2023 March Maharashtra Board | Download Free Pdf, HSC Hindi Paper 2023 March Maharashtra Board | Download Free Pdf, HSC English Paper 2023 March | Download Free Pdf, 11th OCM Chapter 8 Exercise (Introduction to Management) Maharashtra Board Free Resource, 11th OCM Chapter 7 Exercise (Business Environment) Maharashtra Board Free Resource, Financial Accounting Mcqs | More Than 700 Free MCQs, 12th SP Chapter 6 Solution (Correspondence with Members) Maharashtra Board Free Solution. Accounting procedure when internal reconstruction made 36) 7. hVN;?*:_ 10 each fully paid decides to repay Rs. It decides to convert its capital into 20,000 equity shares of Rs. 5 per share thus making each share of Rs. Suraj Patel Education is one of the best blog on Education . J%7uI 8vjYZOM}r,2s.Z 'Xj:8A3v8^X.x=a4$ trailer 0 500000 divided into 5000 shares of Rs. 0 The video explains important mcqs on Internal Reconstruction of company #Capital Reduction #Account PDF Chapter - 1 : Amalgamation, Absorbtion and External Reconstruction (As xb```"WV AX,p}GynByz||kWU]{KYD$9#c'{-(&P!M cE.IJdKyAJR'![FQ[[F,r8|m5@+@nh``@P,@0yl Q. Agreement. Accounting for Internal Reconstruction. Q. Accounting for Internal Reconstruction. 10 each, consolidated the shares into 5000 shares of Rs. Accounting for Amalgamation, Absorption and External. After the implementation of the scheme of internal reconstruction , any surplus in capital reduction A/C is transferred to : Reduction of share capital is possible by the company, if it is authorized by its: MCQs for Related Topics Zeitgeist- Reading on Contemporary Culture . Save my name, email, and website in this browser for the next time I comment. 100 each, converts it into stock. A Ltd. with a share capital of 10,000 equity shares of Rs. When two or more companies carrying on similar business decide to combine, a new company is formed, it is known as (A) Amalgamation (B) Absorption (C) Internal reconstruction (D) External reconstruction 2. To carry out capital reduction, permission is required from: 14. 0000006983 00000 n 0000009547 00000 n s Consent of creditors is not required if capital reduction involves the writing off of paid up capital lost or not represented by available assets. Internal Reconstruction is also known as Capital Reduction. Learn more. Redemption of preference shares in accordance with the provisions of section 80 is reduction of preference share capital. Company Final Accounts. #2 MCQ for TYBCOM Sem 5 - Internal Reconstruction MCQ's - Financial AccountingThis lecture series contains all the MCQs related to TYBCOM Sem 5 - Financial A. The term Internal Reconstruction means: 7. Number 8/2 & 9, Sarjapur Road, Bengaluru, Karnataka- 560 103. HQJo.& ;&|&LZ$w$\bRp|)oG@4}=& C8Yn*]izM6fVjAVjEM'#Y+Lx4=_TZ%x9GbmiH2y2R vt00 Multiple Choice Questions and Answers 1. CORPORATE ACCOUTNING ( MCQS WITH ANWERS) - Studocu --------- is the account created in connection with internal reconstruction. Accounting for Internal Reconstruction Multiple choice questions and answers. Here we are providing Notes , MCQs , Question Bank , Notes on Current Affairs & Many More. 1. Corporate Accounting Multiple Choice Questions and Answers (MCQs Absorption. 0000003758 00000 n AMALGAMATION, ABSORPTION & EXTERNAL RECONSTRUCTION - Quiz We provide you study material i.e. [Solved] Capital Reduction Account is a - mcqmate.com Alteration of share capital can be affected by passing an ordinary resolution. PDF Multiple Choice Questions In a scheme of reorganization amount of shares surrendered by shareholders is transferred to: 12. Question and answers in Accounting for Internal Reconstruction. c) X Ltd. Having a share capital of Rs. 12. A Ltd. with a share capital of 10,000 equity shares of Rs. Win vouchers worth INR 2,000 with our School Referral Program, Ranked Amongst Top 25 Companies by LinkedIn. To carry out capital reduction, permission is required from: a) X Ltd. Having a share capital of Rs. In internal reconstruction, methods of calculation of purchase consideration is 33) Methods of capital reduction 34) While preparing Balance Sheet after reconstructed following points are to be kept in mind 35) 6. Internal Reconstruction | Specialty Quiz - Quizizz We would like to show you a description here but the site won't allow us. Corporate Accounting Multiple Choice Questions and Answers, Mumbai University B.Com - MCQs, Exam MCQs and Solved Papers, Auditing MCQs Multiple Choice Questions and Answers | Auditing MCQs For B.Com, CA, CS and CMA Exams, Management Accounting MCQs [Multiple Choice Questions and Answers], MCQ On Budget and Budgetary Control | Multiple Choice Questions and Answers, MCQ on Accounts of Holding Companies [Multiple Choice Questions and Answers], Corporate Accounting Multiple Choice Questions and Answers (MCQs) | Company Accounts MCQs. objective of our platform is to assist fellow students in preparing for exams and in their Studies 30 seconds. Turn around. Amount sacrificed by shareholders are credited to: 13. It decides to convert its capital into 20,000 equity shares of Rs. Copyright 2023 McqMate. TYBCom-Sem-VI-Financial Accounting MCQs - Studocu Under Sec. endstream endobj 71 0 obj <>stream 1. The HUB, Sy. 10 each fully paid. b) Revenue Profit. The word And reduced cannot be added to the name of the company if no direction has been given by the court. a) X Ltd. Having a share capital of Rs. 43 0 obj <>/Filter/FlateDecode/ID[<7F7D86F494A1CBF23FB2925BA8566F77>]/Index[22 34]/Info 21 0 R/Length 105/Prev 125909/Root 23 0 R/Size 56/Type/XRef/W[1 3 1]>>stream 64 of the Companies Act, 2013 the company shall give notice of the alternation of capital to the registrar within 45 days. c) Capital Reduction. 15. Internal Reconstruction MCQ (Free) | Capital Reduction Hn0w?Gr "% 2t0 A scheme of __________ or __________ mean the scheme having same effect.a) capital reduction or internal reconstruction b) Capital Reduction or External reconstructionc) none of the above. Internal Reconstruction - Advanced Accounting - MCQ Test - Teachmint Test Details Internal Reconstruction All the best Starts Feb 02, 6:00 PM Duration 15 minutes Deadline Feb 02, 9:00 PM Maximum marks 20.0 marks Question type MCQ Total questions 10 questions Like Share 32 Views Kishor Suryawanshi
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