Corporate Accounting MCQ

A company shall file a return of buy back in form SH 11 within ________ from the date of completion of buy back:

A ltd acquired asset worth ` 11, 25, 000 from B. ltd, by issue of equity shares of ` 100 at a premium of 25%. The number of shares to be issue by A ltd, for the purchase consideration”:

Securities Premium normally has a _______________balance:

If the turnover of the company is less than `100 Crore, the figures appearing in the Financial Statements may be rounded off to nearest –

As per Schedule III of the Companies Act, 2013, where the normal operating cycle cannot be identified, it is assumed to have duration of –

A 3-Year Loan taken for a business with a 4-year Operating Cycle will be categorized only as _________________: