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.
My fear of the disease __________ after knowing the number of deaths it has caused till now.
Companies have to ________ their unwanted expenditures to function smoothly.
This hospital specialises in the treatment of __________ as they have efficient data system.
The news about the marriage of a celebrity __________ the one about India entering the finals in Asia Cup.
The government is trying hard to ___________the MSME sector from the loss inflicted by the pandemic.
Steve Jobs is the legendary ___________ of Apple.
These telemarketers have been calling me ___________, even though I said I was not interested in their product.
Many people realized that the pill was just a vitamin tablet and what really changed their disease was the _________.
The opinions of the state and central governments were ____________ on the new policy.
If news gets out that the company has become _________, they will stop getting further funds.
