Company Accounts
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Accounts of Companies
20
Jun
Accounts of Companies Question 1.XYZ Ltd. wants to maintain its books of account on cash basis, is this a valid act of XYZ Ltd?Answer:Maintenance of Books of account: Sec. 128(1) of the Companies Act, 2013 requires every company to prepare books of account and other relevant books and papers and financial statement for every financial […]
Company Accounts
29
May
Company Accounts What is the minimum number of members required to form a private company?a) 1b) 2c) 7d) 10Answer: b) 2 What is the minimum number of members required to form a public company?a) 2b) 7c) 10d) 50Answer: b) 7 Which document contains the fundamental rules of a company?a) Prospectusb) Articles of Associationc) Memorandum of […]
Tags:
Accounting for Companies ,
Articles of Association ,
Bonus Shares ,
Buyback of Shares ,
ca foundation ,
CA Foundation MCQs ,
CA Foundation Preparation ,
Calls in Arrears ,
Company Accounting ,
Company Accounts ,
Corporate Accounting ,
Equity Shares ,
Initial Public Offering ,
Memorandum of Association ,
Preference Shares ,
Rights Issue ,
Securities Premium ,
Share Capital ,
Share Forfeiture ,
Types of Shares ,