State two essential features of a Public Company. Post category:Accountancy Reading time:1 mins read SOLUTION (i) there is no restriction on the transfer of its shares; (ii) Minimum number of its members is 7 and there is no restriction on maximum number. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostState two essential features of a Private Company. Next PostWhat is a share? You Might Also Like A holds 100 shares of Rs. 10 each on which he has paid Rs. 1 per share on application.B holds 200 shares of Rs. 10 each on which he has paid Rs. 1 and Rs. 2 per share on application and allotment respectively. C holds 300 shares of Rs. 10 each and has paid Rs. 1 on application, Rs. 2 on allotment and Rs. 3 on first call. They all fail to pay their arrears and the second call of Rs. 2 per share. Shares are forfeited and subsequently reissued @ Rs. 11 per share as fully paid-up. journalise the above July 14, 2022 Give one point of difference between Profit and Loss Account and Profit and Loss Appropriation Account. September 26, 2022 What does a low proprietary ratio indicate? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A holds 100 shares of Rs. 10 each on which he has paid Rs. 1 per share on application.B holds 200 shares of Rs. 10 each on which he has paid Rs. 1 and Rs. 2 per share on application and allotment respectively. C holds 300 shares of Rs. 10 each and has paid Rs. 1 on application, Rs. 2 on allotment and Rs. 3 on first call. They all fail to pay their arrears and the second call of Rs. 2 per share. Shares are forfeited and subsequently reissued @ Rs. 11 per share as fully paid-up. journalise the above July 14, 2022
Give one point of difference between Profit and Loss Account and Profit and Loss Appropriation Account. September 26, 2022