Home > CS Executive > Quizzes > CS Executive Practice Test: Accounting for Issue of Shares – Corporate and Management Accounting
CS Executive Practice Test: Accounting for Issue of Shares – Corporate and Management Accounting
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 56% • Most missed: “If the number of shares issued is more than the number of shares applied the sha…”
CS Executive Practice Test: Accounting for Issue of Shares – Corporate and Management Accounting
Time left 00:00
21 Questions

1. Balance of interest on calls-on- advance account is transferred to the at the end of the year
2. Premium on issue of shares must be credited to a separate account called
3. _____may be said to be the compulsory termination of membership by way of penalty for non-payment of allotment and/or any call money
4. Which of the following Table of Schedule I to the Companies Act, 2013 contains the provisions relating to Calls-in-Advance & Calls-in-Arrears
5. ______paid on calls-in-advance
6. Which of the following Table of Schedule I to the Companies Act, 2013 contains the provisions relating to Calls-in-Advance & Calls-in-Arrears
7. As per Table F of Schedule I to the Companies Act, 2013, interest on calls in arrear can be received at p.a
8. As per Table F of Schedule I of the Companies Act, 2013, interest on calls in advance can be paid at p.a
9. As per Table F of Schedule I to the Companies Act, 2013, interest on calls in arrear can be received at p.a
10. ______paid on calls-in-advance
11. Premium on issue of shares must be treated as
12. Balance of interest on the calls-in-arrear account is transferred to at the end of the year
13. Amount received as calls-in-advance
is a of the company
14. Securities premium account must be shown separately on the liabilities side of the balance sheet under the heading
15. Interest on calls-in-advance is paid for the period from the –
16. If the number of shares issued is more than the number of shares applied the shares are said to be –
17. Amount due on calls made but not paid is known as –
18. If the number of shares applied for is more than the number of shares issued the shares are said to be –
19. In case of oversubscription of shares each applicant receives the shares in some proportion, it is known as –
20. In case of oversubscription of shares each applicant receives the shares in some proportion, it is known as –
21. Interest on calls-in-advance is paid for the period from the –

⚡ Recently practiced quizzes in this topic
Live quiz activity
CS Executive Practice Test: Management of Cash & Marketable Securities CS Executive Practice Test: Custom Act, 1962 – CS Executive Tax Laws CS Executive Practice Test: Introduction to Strategic Management CS Executive Practice Test: Leverages CS Executive Practice Test: Income from Other Sources – CS Executive Tax Laws CS Executive Practice Test: Cost of Capital CS Executive Practice Test: Business Policy & Formulation of Functional Strategy CS Executive Practice Test: Consolidation of Accounts – Corporate and Management Accounting CS Executive Practice Test: Overview of Accounting Standards – Corporate and Management Accounting CS Executive Practice Test: Receivable Management
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | OSHA Basics Quiz | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.