Company Accounts Crossword Puzzle

QUESTIONS LIST:

• forfeiture : ----------- of shares means cancellation of shares and seizure of the amount received from the defaulting shareholders.
• securities premium : it can be utilized in writing off preliminary expenses of the company.
• collateral security : when a company issues its own debentures to the lenders in addition to some other assets already mortgaged, it is called issue of debentures as--------
• authorized capital : maximum amount of share capital of a company
• preliminary expenses : the expenses which are incurred in promotion and formation of company
• private placement : -------------of shares means selling of shares to a relatively small number of selected investors.
• general reserve : the balance of drr is transferred to-----------
• reserve capital : it is a part of uncalled capital of a company which is called up only on winding up.
• call sin arrears : if shareholders make default in paying the money due on any stage , the money not so paid is called-----------
• table f : as per---------of the companies act, interest on calls in advance is payable @ 12% p.a.
• paid up capital : it is that portion of called up capital which has been actually received from the shareholders.
• minimum subscription : it is the amount stated in the prospectus as the minimum amount that must be subscribed.
• capital reserve : the reserve which is not free for distribution as dividend