internal reconstruction mcq

• 8 September 2023

JD%@"i0iB*c`EX 1. (a) 1 (b) 2 (a)3 (a) many 4. Company Liquidation Accounts. t Mprq*8)i(jm8d^zmMNX3t;(e\96!w )?=jp- ]CDH-bf>~Ji}KZw]w#@tf;:HKGr?(1bXT)"Awtt,fs6og2~7Q{T! %@dJQap8?|K( q?$T0!8aq{e_>)I/` # In internal reconstruction, amount sacrificed by shareholders are Download PDF. endstream endobj 23 0 obj <> endobj 24 0 obj <> endobj 25 0 obj <>stream Virtual Classroom and LMS Software | WizIQ Redemption of preference shares in accordance with the provisions of section 80 is reduction of preference share capital. 500000 divided into 5000 shares of Rs. When two or more companies carrying on similar business decide to combine, a new company is formed, it is known as (A) Amalgamation (B) Absorption (C) Internal reconstruction (D) External reconstruction PDF Amalgamation, Absorption & External reconstruction - NKT Degree College Question 2. If there is any balance in the capital reduction account after writing off all the accumulated losses, then the same is transferred to: (i) Share capital account Share Capital A/c (10) Dr. 500000. c) X Ltd. Having a share capital of Rs. Merger Buyout Joint Venture De-merger 23Which merger involves firms engaged in unrelated types of activities? 5. 500000 divided into 50000 shares of Rs. throughout their Academic career. The Sub division of shares does not result in ___________ of capital.a) reduction b) added c) Compromise d) none of the above, 4. After the implementation of the scheme of internal reconstruction , any surplus in capital reduction A/C is transferred to : Reduction of share capital is possible by the company, if it is authorized by its: MCQs for Related Topics Zeitgeist- Reading on Contemporary Culture . endstream endobj startxref 3. 10 each fully paid decides to repay Rs. When two or more existing companies combine together to form a new company, it is termed as. 10 each, consolidated the shares into 5000 shares of Rs. 100 each, converts it into stock. Merged with another co. 10 each fully paid. Only unsuccessful companies undertake capital reduction. A company has issued capital of 10,000 equity shares of Rs. I am Gold educator on teachmint online live classes app, I am Post Graduate from Commerce and Direct Course of Law, We have provide all courses of Commerce as well as banking and IBPS Competitive exam Course and also provide Tally Erp 9 + GST Module at offline Training mode. #2 MCQ for TYBCOM Sem 5 - Internal Reconstruction MCQ's - Financial AccountingThis lecture series contains all the MCQs related to TYBCOM Sem 5 - Financial AccountingFinancial Accounting MCQs Link:https://scholarsclasses.com/blog/preparation-of-final-accounts-of-companies-mcq/TYBCOM Sem 5 MCQs Link:https://scholarsclasses.com/blog/tybcom-sem-5-mcq/TYBCOM Sem 5 MCQs Lecture link:https://youtube.com/playlist?list=PLJ_81_DlRlyfEuIryW3MX4GvicwzWkHLKPlease like, share, and subscribeVideo Presented by :Prof. Tauseef Khan (M.Com, MBA, UGC - NET)Follow us on :Facebook: https://www.facebook.com/tauseef89/Twitter: https://twitter.com/tauseef_sirInstagram: https://www.instagram.com/tauseefsirVisit our websitehttps://www.scholarsclasses.com/blog#scholarszilla#tybcommcq#tauseefsir hTA0>C. Valuation of Shares. M.A EXAM :- https://t.me/mastudentsexam, https://www.youtube.com/channel/UCv8JIY58xfWHUIXVu9wxNHw. 5 per share thus making each share of Rs. HT=s0+8xDmC?AX9jbN:w)Pgj!V-[._ KDaTJj1~' McqMate.com is an educational platform, Which is developed BY STUDENTS, FOR STUDENTS, The only 59 0 obj <> endobj endstream endobj 60 0 obj <> endobj 61 0 obj <> endobj 62 0 obj <>/ProcSet[/PDF/Text]/ExtGState<>>> endobj 63 0 obj <> endobj 64 0 obj <> endobj 65 0 obj <> endobj 66 0 obj <> endobj 67 0 obj <> endobj 68 0 obj <> endobj 69 0 obj <> endobj 70 0 obj <>stream MCQ on Amalgamation and External Reconstruction - CMA TUTORS The word And Reduced is added to the name of the company for such period as the court deems fit. Alteration of share capital can be affected by passing an ordinary resolution. For writing off the accumulated Josses under the scheme of capital reduction, we debit, 6. (C) Internal reconstruction (B) Absorption (D) External reconstruction While calculating purchase price, the following values of assets are considered Book value (C) Average values (B) Revised Value (D) Market values Shares received from the new company are recorded at - Face value (C) Market value (B) Average price 0000006175 00000 n 21.Only unsuccessful companies undertake capital reduction. We provide you study material i.e. a) X Ltd. Having a share capital of Rs. State whether the following statements are True or False: According to sec. Internal reconstruction is a slow and tedious process since it required the approval of : After the implementation of the scheme of internal reconstruction , any surplus in capital reduction A/C is transferred to : 100 each. Any loss on revaluation of the assets at the time of internal reconstruction, will be charged from. objective of our platform is to assist fellow students in preparing for exams and in their Studies 500000. b) X Ltd. Having a share capital of Rs. %PDF-1.4 % c) Capital Reduction. xb```"WV AX,p}GynByz||kWU]{KYD$9#c'{-(&P!M cE.IJdKyAJR'![FQ[[F,r8|m5@+@nh``@P,@0yl 100 each, converts it into stock. a) 77 b) 100 c) 66 d) 75 2. Turn around. U,]]. 0 Q. Q. 55 0 obj <>stream 100 each, subdivided the shares into 50000 shares of Rs. Internal reconstruction is done due to .. 0000040014 00000 n HQJo.& ;&|&LZ$w$\bRp|)oG@4}=& C8Yn*]izM6fVjAVjEM'#Y+Lx4=_TZ%x9GbmiH2y2R 10. 6) Internal reconstruction means a) Amalgamation in nature of merger. The Capital reduction means reduction in ____________ value of shares. %%EOF Amalgamation. The difference in revaluation of assets is to be transferred to ___________ Account.a) internal reconstruction b) Capital Reduction c) security primium d) capital reserve, 10. GUD}%DQO}$m|@}L*#{`g5fd4"b~d|{\?1>c:-G $}gKYVAAy)>uvH/4SPHl"@@9HI,+XP f!M7fNG/_M=,(\q #d5*-1Kv 1,G( 4^:SiOfuN7"z~7~D`K773QspCMcJ|H"#6 r+i7.eW>Q3 sT 2g3O\b ^_T_ET_[JD=+x[oct;GYO|T-"['SRt~"7f Reconstruction of Companies MCQ - SlideShare Ixdp]A:DKp 7>+^wsvKC?0c oLm7{ V[H,Q~$agt8O4js_22Q|Waoq\WU 30 seconds. Copyright 2023 McqMate. 8) Pre-acquisition profit is a) Capital Profit. In internal reconstruction, increase in the value of fixed assets is credited to. A company must pass a special resolution for reduction of capital. 780+ Corporate Accounting Solved MCQs with PDF Download - McqMate %PDF-1.5 % [Solved] Internal reconstruction can be done by - McqMate Company Liquidation Accounts. Here we are providing Notes , MCQs , Question Bank , Notes on Current Affairs & Many More. Let's take a quick look at the CA Inter Course before diving into the specifics of the ICAI CA Inter Mcq Notes 2022. Save my name, email, and website in this browser for the next time I comment. Internal reconstruction definition, the hypothetical reconstruction of an earlier stage of a language or of some part of it, as its phonology, by deductions from irregularities in its present structure, as the reconstruction of a stage in English when certain instances of r were related to s in a systematic way by comparing the pair was:were to other pairs, as lose:forlorn.

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