Select the appropriate answer from the alternative given below and rewrite the sentence.
i. The excess price received over the par value of shares should be _______ to Securities Premium A/c.
(a) debited
(b) credited
(c) adjusted
(d) none of these
ii. The capital with which a company is registered is called ________
(a) Issued Capital
(b) Subscribed Capital
(c) Authorised Capital
(d) Called-up Capital
iii. The capital with which a company is registered is called ______
(a) Issued Capital
(b) Subscribed Capital
(c) Authorised Capital
(d) Called-up Capital
iv. If a share of ₹ 100 is issued at ₹ 100, it is said to be issued ______
(a) at par
(b) at premium
(c) at discount
(d) none of these
v. If a share of ₹ 100 is issued at ₹ 110, it is said to be issued _________
(a) at par
(b) at a premium
(c) at a discount
(d) none of these
