Question : Which shares are awarded by a Company to its directors or workers in recognition of their commitment and hard work towards the company?

Option 1: Bonus Shares

Option 2: Sweat Equity Shares

Option 3: Prefrence Shares

Option 4: None of the above

Question : Which type of shares can be issued at a discount?

Option 1: Preference Shares

Option 2: Equity Shares

Option 3: Sweat Equity Shares

Option 4: All of the Above

Question : Black Penther Company had issued 25,000 equity shares of Rs.10 each and had called up Rs.8 but received Rs.5 per share, equity share capital account will be debited by

Option 1: Rs.10 per share

Option 2: Rs.8 per share

Option 3: Rs.7 per share

Option 4: Re.1 per share

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