Download App

P2 C1 ACCOUNTING FOR SHERE CAPITAL — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C1 ACCOUNTING FOR SHERE CAPITAL1 Mark
Question
What is share and share capital?
✓

Answer

Capital which can be divided into transferable small denominations are known as shares. This asset is transferable and movable. This capital is known as share capital.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Each" from P2 C1 ACCOUNTING FOR SHERE CAPITAL→P2 C1 ACCOUNTING FOR SHERE CAPITAL — all question types→Elements of Account STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

What is operating income ?
→
What does the company issue to invite public for subscription ?
→
Show the classification of current liabilities as per schedule-III of Companies Act, $2013.$
→
Can company issue shares at discount?
→
Explain accounting treatment of old goodwill appearing in the balance sheet of the firm at the time of the retirement of a partner.
→
What is meant by debenture discount ?
→
Which criteria / conditions should be satisfied, so that a liability shall be classified as current liability ?
→
In which company, liability of the shareholders (members) is limited upto the extent of the face value of shares held by them ?
→
What are operating expenses ?
→
What is issue of debentures at premium ?
→