Share allotment account is a A Personal account B Real account C Nominal

Share allotment account is a a personal account b

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63.Share allotment account is a ________.A. Personal account.B. Real account.C. Nominal account.D. Impersonal account.64.Share application account is a __________.65.The minimum share application money must be at least _________.66.Premium received on issue of shares is shown on ______.67.Premium on issue of shares can be used for ________.A. Distribution of dividend.B. Writing off capital losses.C. Transferring to general reserve.D. Paying fees to directors.68.Section ______ of companies act 1956 deals with the scheme of stock-invest
69.When shares are issued at premium which of the following account iS credited?70.After getting minimum subscription of shares, the company has to allot shares within ____ days.71.If the minimum subscription is not received by the company, then the refund of application money should be made within ______ days.A. 7B. 9C. 10D. 2272.In case of public company, only after getting the _______ the company can start the business.73.The amount of capital mentioned in moa is _______.
74.The difference between called-up capital and paid-up capital is ________.75.When the shares are issued at premium to purchase the fixed asset, ______ should be credited.A. Asset a/c.B. Share a/c.C. Share capital a/c.D. Share allotment a/c76.According to companies act _____ percentage of interest is to be paid on calls in arrears.77.According to companies act _____ % of interest is to be paid on callsIn advances.78.Interest on calls in arrears is transferred to ____.79.Interest on calls in advance is transferred to ____.A. Debit side of p&l a/c.B. Credit side of p&l a/c.
C. Liability side.D. Asset side

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