Question:
Securities premium Reserve can be utilised
A. to return excess money received on application
B. to write off preliminary expenses
C. to issue partly paid bonus shares
D. for premium paid on Redemption of Debentures or preference shares
E. for buy back of shares
Choose the correct answer from the options given below:
Securities premium Reserve can be utilised
A. to return excess money received on application
B. to write off preliminary expenses
C. to issue partly paid bonus shares
D. for premium paid on Redemption of Debentures or preference shares
E. for buy back of shares
Choose the correct answer from the options given below:
A. to return excess money received on application
B. to write off preliminary expenses
C. to issue partly paid bonus shares
D. for premium paid on Redemption of Debentures or preference shares
E. for buy back of shares
Choose the correct answer from the options given below:
Updated On: Mar 26, 2026
- A, B, C only
- B, C, E only
- C, D, E only
- B, D, E only
Show Solution
Verified By Collegedunia
The Correct Option is D
Solution and Explanation
The correct option is (D): B, D, E only
Was this answer helpful?
0
0
Top CUET Accountancy Questions
- As per Receipts and Payments Account for the year ended on March 31, 2020, subscriptions received were ₹ 2,50,000 subscriptions outstanding on 1-04-2019 ₹ 50,000, Subscriptions received in advance as on 31-3-2020 are ₹ 30.000. Subscriptions for the year 2019-20 will be:
- At the time of admission of a new partner general reserve appearing in the old balance sheet is transferred to_______
- Match List-I with List-IIChoose the correct answer from the options given below:
LIST I: Basis of Debenture LIST II: Types of Debenture (A) Tenure (I) Zero coupon rate (B) Interest rate point of view (II) Irreedemable (C) Security (III) Registration (D) Bearer (IV) Secured - On retirement of a partner, the retiring partner's capital account will be credited with ______
- Journal entry to be passed for unrecorded assets for preparing Revaluation A/C at the time of Retirement of a partner will be______
View More Questions
Top CUET Debentures Questions
- Match List-I with List-IIChoose the correct answer from the options given below:
LIST I: Basis of Debenture LIST II: Types of Debenture (A) Tenure (I) Zero coupon rate (B) Interest rate point of view (II) Irreedemable (C) Security (III) Registration (D) Bearer (IV) Secured - If debentures are converted into equity shares, it is a/an :
- Identify the correct sequence to find out profit after tax while preparing comparative income statement
A. Deduct expenses
B. Find out total revenue by adding other incomes to revenue from operations
C. Find out profit after tax
D. Deduct tax E. Calculate profit before tax
Choose the correct answer from the options given below: - Calculate the amount of yearly interest payable on 9% debentures (10,000 debentures of ₹100) issued as collateral security.
- Romi Ltd. purchased building worth ₹1,50,000 machinery worth ₹1,40,000 and furniture worth ₹10,000 from xyz co. and took over its liabilities of ₹20,000 for a purchase consideration of ₹3.15,000. They paid the purchase consideration by issuing 12% debentures of ₹100 each at a premium of 5%. What will be the number of debentures issued by Romi Ltd.
View More Questions
Top CUET Questions
Select the statements that are CORRECT regarding patterns of biodiversity.
(A) Species diversity increases as we move away from the equator towards the poles(B) The tropical Amazon rain forest in South America has the greatest biodiversity on earth.(C) There is more solar energy available in the temperate region than tropics.(D) Tropical environments are less seasonal relatively more constant and predictableWhich of the following hormone is not produced by placenta ?
- Individuals with karyotype of 44+XXY having overall masculine development with few feminine development like Gynaecomastia has _______ chromosomal disorder.
- Match List - I with List - II.Choose the correct answer from the options given below :
List - I
List - II
A Streptokinase I Blood-Cholestrol lowering agents B Cyclosporin II Clot Buster C Statins III Propionibacterium sharmanii D Swiss Cheese IV Immuno suppressive agent Which of the following option determines percolation and water holding capacity of soils ?
View More Questions