Question
Where to show Share application money received in excess
of issued share capital?Solution
Share application money received in excess of issued share capital should be shown as a current liability. When a company receives share application money in excess of its issued share capital, it represents an obligation to return the excess amount to the applicants if the shares are not allotted. The amount which is yet to be allotted will come under Share application money pending allotment, however amount over and above the issued share capital will be shown as current liability.
In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
COMPLAIN...
Select the most appropriate antonym of the bold word.
He was reluctant to leave the village for the job he liked the most.
Choose the one which best expresses the meaning of the given word .
Euphoria
Select the most appropriate meaning of the idiom:
"To throw in the towel"
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In each of the following questions, three out of four words given have the same meaning. Mark the number as your answer which is different in meaning f...
Find out the appropriate word.
Select the most appropriate synonym of the given word
Fascination
