Practice Issue of Shares - 2.2 | 2. Joint Stock Company Accounts | ICSE 12 Accounts
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Issue of Shares

2.2 - Issue of Shares

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

Define equity shares and preference shares.

💡 Hint: Think about the nature of dividends for each type of share.

Question 2 Easy

What is face value?

💡 Hint: Consider it like the base price of a share.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What type of shares have a fixed rate of dividend?

Equity Shares
Preference Shares
Both

💡 Hint: Consider which type provides guaranteed dividends.

Question 2

True or False: Equity shares always provide a dividend.

True
False

💡 Hint: Think about profit distribution among shareholders.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

A company has issued 4,000 equity shares at ₹10 each and 1,500 preference shares at ₹12 each. What is the total capital raised if all shares are sold?

💡 Hint: Break down the calculations for each type of share.

Challenge 2 Hard

If a shareholder fails to pay for their equity shares and those shares are forfeited and reissued at a discount of ₹2, how does that impact the company's balance sheet?

💡 Hint: Consider how both actions reflect on the company's financial health.

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