Accounting - Study Mode

[#2406] Arrange the following categories of share capital of a company in the correct order. 1. Paid-up capital 2. Issued capital 3. Called-up capital 4. Subscribed share capital
Correct Answer

(A) 2, 4, 3, 1

[#2407] The term 'risk capital' denotes:
Correct Answer

(A) Equity capital

[#2408] Bonus Shares can be issued out of:
Correct Answer

(D) All of the above

[#2409] The source of cash inflow in cash flow statement is:
Correct Answer

(D) None of the above

[#2410] If the average stock of a firm is Rs. 40,000 and its opening stock is Rs. 5,000 less than the closing stock, what would be the value of Opening Stock?
Correct Answer

(D) Rs. 37,500