New Zealand
Question : According to this right, Consumers has the right to be protected against goods and services which are hazardous to life, health and property.
Option 1: Right to safety
Option 2: Right to be informed
Option 3: Right to choose
Option 4: Right to be heard.
Correct Answer: Right to safety
Solution : According to right to safety, consumers has the right to be protected against goods and services which are hazardous to life, health and property. Hence Option A is correct.
Question : Good Co. Ltd. invited applications for 1,00,000 shares of Rs. 10 each payable:
Rs. 3 on application, Rs. 3 on allotment and the balance when required. Applications were received for 1,20,000 shares out of which applications for 1,00,000 shares were accepted and the remaining applications were rejected. Allotment money was received on 99,500 shares.
On the basis of the above information, choose the correct option to the following question
Question:- Amount received on allotment will be:
Option 1: Rs. 99,500
Option 2: Rs. 2,98,500
Option 3: Rs. 3,00,000
Option 4: Rs. 2,99,500
Correct Answer: Rs. 2,98,500
Solution :
Answer = Rs. 2,98,500
JOURNAL OF GOOD CO. LTD.
Date
Particulars
L.F.
Dr.( Rs.)
Cr. Rs.
Bank A/c
...Dr.
3,60,000
To Shares Application A/c
(Application money received on 1,20,000 shares @ Rs. 3 per share)
Shares Application A/c
To Share Capital
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New Zealand is a great place for studying abroad as it offers a quality education as well as good quality of life. The education system of New Zealand is also designed to be at the advantage of students.
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