Question : Which one of the following is a permanent representative personal account of shareholders?

Option 1: Share Application A/c

Option 2: Share Allotment A/c

Option 3: Share Application & Allotment A/c

Option 4: Share Capital A/c

Question : Which of the following is a temporary representative personal account of shareholders?

Option 1: Share Application A/c

Option 2: Share Allotment A/c

Option 3: Share Application & Allotment A/c

Option 4: All of these

Question : A shareholder failed to pay share allotment money on 10,000 shares @ Rs. 30 per share. Which one of the following account will be taken into account?

Option 1: Debited to Share Capital A/c

Option 2: Debited to Calls-in Arrears A/c

Option 3: Credited to Calls-in in Arrears A/c

Option 4: Credited to Share Capital A/c

Question : Ajmer Limited Company issued equity shares of Rs.200 each. It has called up Rs.65 on each share but received only Rs.60 per share. The share capital account will be credited with:

Option 1: Rs.65 per share

Option 2: Rs.100 per share

Option 3: Rs.70 per share

Option 4: None of these

Question : Mehak Limited Company issued equity shares of Rs.100 each. It has called up Rs.75 on each share but received only Rs.60 per share. The share capital account will be credited with:

Option 1: Rs.60 per share

Option 2: Rs.100 per share

Option 3: Rs.75 per share

Option 4: None of these