Menu
Question 42 Accountancy 2022 Medium MCQ +5.00 marks · -1.00 negative

Match List I with List II: List I | List II A. Excess of purchase consideration over the value of net assets | I. Issue of Debenture as collateral security B. Excess of net assets over purchase consideration | II. Goodwill C. Debenture Suspense Account | III. Issue of Debentures consideration other than cash D. Assets received against Debenture | IV. Capital Reserve Choose the correct answer from the option given below:

Click an option to submit your answer.

More CUET Accountancy 2022 questions to practise

Accountancy 2022 MCQ

Match List I with List II List I | List II A. Share forfeiture | I. Reserve Capital B. Uncalled Capital | II. Pro-rata allotment C. Over-subscription | III. Capital Reserve D. Discount on issue of shares | IV. Reissue of shares Choose the correct answer from the option given belo…

Practise this question →
Accountancy 2022 MCQ

On 1st April 2007, Sunrise Limited issued 5000, 8% debenture of ₹ 100 each at a discount of 5%. What will be the total amount of interest for the year ending 31st March 2008?

Practise this question →
Accountancy 2022 MCQ

Balance of Forfeited Shares Account after reissue of forfeited shares is transferred to:

Practise this question →
Accountancy 2022 MCQ

Which account is credited for transfer of interest on Debenture Redemption Fund Investment?

Practise this question →
Accountancy 2022 MCQ

The directors of a company forfeited 400 equity shares of ₹ 10 each fully called up on which ₹ 1600 has been paid. All the forfeited shares were reissued upon payment of ₹ 3,000. Calculate the amount transferred to capital reserve.

Practise this question →
Accountancy 2022 MCQ

As per SEBI Guidelines an amount equal to ………………of the debenture issue must be transferred to Debenture Redemption Reserve before redemption begins.

Practise this question →
Accountancy 2022 MCQ

400 shares of ₹10, on which ₹ 8 has been called and ₹5 has been paid, are forfeited. Out of these, 300 shares are reissued for ₹ 9 as fully paid. What is the amount to be transferred to Capital Reserve?

Practise this question →
Accountancy 2022 MCQ

The company purchased a plant with a book value of ₹1,90,000 from National Victory Company and agreed to pay via issuing 2000, 10% debenture of ₹100 each at a discount of 5%. Amount that will be credited to 10% Debenture will be:

Practise this question →