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CUET UG · Accountancy / Book-Keeping · Quiz

Accountancy / Book-Keeping — quick quiz

5 CUET UG-pattern questions on Accountancy / Book-Keeping. Instant scoring and solutions, no signup — see where you stand in a few minutes.

Question 1 of 5

Medium

A company issued 10,000 equity shares of Rs 10 each at a premium of Rs 2 per share, payable as follows: On Application Rs 3, On Allotment Rs 5 (including premium), On First Call Rs 2, On Second and Final Call Rs 2. All money was duly received. What is the balance in the Securities Premium Account after the completion of all calls?