Maharashtra Board Class 12th Solutions for Accountancy Chapter 8 Company Accounts Issues of Shares – Download PDF with Solutions
FAQs on Maharashtra Board Class 12 Solutions for Accountancy Chapter 8 Company Accounts Issues of Shares - PDF
1. Define the term ‘Share Capital of a Company.’
The Share Capital of a Company can be defined as the amount that the enterprise receives towards the share capital from the issuing of shares.
2. Mention the classes of shares.
The two different classes of shares include Preference and Equity shares.
3. What is the Issue of Shares?
An enterprise is able to raise capital by issuing of shares. However, a public company can only issue shares after meeting the legal compliances.
4. What is the oversubscription of shares?
Shares can be considered oversubscribed when the number of shares that are applied for is higher than the number of shares that can be offered for subscription.
5. What are calls in advance?
An enterprise is able to accept the amount for the shares against the calls that are not made yet. Hence, the amount that is received in advance is known as Calls in Advance.