Question
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?Solution
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.
Which among the following market structures has the highest product differentiation?
ARIS was initiated in the year
In choosing between the two completing resources, the saving in the resource replaced must be greater than the cost of resource added. Which of the foll...
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The pest which attack both in field and storage of pulses is–
Under the Per Drop More Crop (PDMC) Scheme, what is the subsidy percentage for Small & Marginal farmers?