A company foreited certain equity shares. These were re-issued later in the year. The profit on Forfeiture of these shares would be transferred to which of the following accounts?
Forfeited shares can be re-issued. Any amount of profit on re-issue is a capital receipt and should be transferred to capital reserve account because this profit is a capital gain for the company.
Deloitte’s has launched the report titled “Global Powers of Retailing 2022: Resilience Despite Challenges”. Where is the headquarters ...
What is the fiscal deficit at the end of October 2023 as a percentage of the full-year budget estimate?
Which of the following sportsperson did not get the Rajiv Gandhi Khel Ratna Award 2021?
Consider the following about Government Security (G-Sec):
I. G-Secs carry practically no risk of default.
II. These are called risk-free g...
The Reserve Bank of India (RBI) has come out with a regulatory framework to permit default loss guarantee arrangements in digital lending.According to t...
Which of the following public sector company has been honoured with 'ATD Best Awards 2023' by the Association for Talent Development (ATD), USA?
Recently Royal Gold Medal has been awarded to Balkrishna Doshi. Which field this award is given for?
Which of the following entities introduced 'Activ Fit,' a comprehensive health insurance scheme targeting young and healthy adults?
India and Asian Development Bank have signed a $125 million loan agreement to improve urban services in which of the following states?
Who is the author of the book 'The Light of Asia: The Poem That Defined The Buddha'?
