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Cost of ring & pistons of an engine changed to get better fuel efficiency is
----------------. (Capital expense)
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Amount spent on repainting an old building for first time on purchase is ------------. (Capital expense)
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The term of bill after sight commences from the date of ----------------.
(Acceptance of the bill)
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The term of bill after date commences from the date of ---------------.
(Drawing a bill)
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When the bill is honoured at the maturity date, the drawee debits ------------------. (B/P Account)
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An authorized capital refers to that amount which is stated in the ---------as share capital. (Capital clause of the memorandum of association)
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As per section 69(3) of the Co. Act 1956, the amount payable on
application on each share must be at least ----------------. (5% of the
nominal amount of share)
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As per Table A (SEBI Guidelines), the amount of call on a share must not
exceed ------------ (25% of the nominal amount of share)
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The maximum rate of interest which can be paid on calls in advance (As
per Table-A) is ----------------. (6% p.a.)
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If shares are forfeited, share capital Account is debited with the amount of
---------------. (Called up value of shares)
100. On the approval from Central Government the rate of discount on issue of
share can be ----------------. (10% of the nominal value of shares)
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RameshBabuNemani,
LecturerinCommerce,Hyderabad.
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