Which of the following statement in false:
A) bonus issue is made out of free reserves or securities premium collected in cash only
B) bonus shares can be issued out revaluation profit
C) no bonus issue shall be made within 12 months of any public or right issue
D) company can issue bonus shares in any ratio.
Correct Answer:
Verified
Q15: Cash Price =
A)hire purchase price - total
Q16: Which of the following statement is false:
A)a
Q17: Which of the following are the characteristics
Q18: Share application and allotment account is a:
A)personal
Q19: Securities premium account is shown on the
Q20: As per section 78 of the companies
Q21: The portion of the authorised capital which
Q22: Which of the following statement is false:
A)buy
Q23: If shares are bought back out of
Q24: Maximum buy back limit in any year
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