internal reconstruction mcq pdf

INTERNAL RECONSTRUCTION_CAPITAL REDUCTION; Amalgamation of Partnership Firm; LIFE DEVELOPMENT; ELECTRICAL ENGINEERING MCQ_22. 1.2K views. Growth, expansion are all time target of business. Face value b. IPCC__33e_Accounts_Group-II_Internal Reconstruction. Internal reconstruction is a method of reconstructing an earlier state in a language's history using only language-internal evidence of the language in question.. Scheme of Capital Reduction - Alteration of Share Capital, Advanced Corporate Accounting. Q.341 The steady state stability of the power system is most effected by A. transmission line reactance B. Voltage at generator bus C. stability of generator D. power factor of the … d)All of the above 2)Compulsory winding up: a)If a company unable to pay its debt b)If the number of members of company reduced below statutory limit. Ashish Kumar Silver May 27, 2015 Accountancy Paper, CA ,CS & CMA Students, company accounts 0 Comments 1606 views. Internal Reconstruction Multiple Choice Questions. These short objective type questions with answers are very important for Board exams as well as competitive exams. Complete Alteration of share capital and internal reconstruction -Past Year Questions B Com Notes | EduRev chapter (including extra questions, long questions, short questions, mcq) can be found on EduRev, you can check out B Com lecture & lessons summary in the same course for B Com Syllabus. A limited company may alter the share capital so as to 43) 14. 0172 … If the ABC Limited and DEF Limited are taken over by a new company XYZ … ACCOUNTING SOLUTIONS SCO: 209, First Floor, Sector-36/D. Internal reconstruction can be defined as the reorganization of the company, without liquidating the existing company and forming a new one. (C)Internal reconstruction (D)External reconstruction 30. When one of the existing companies take over business of another company or companies, it is known as ..... (A)Amalgamation (B)Absorption (C)Internal reconstruction (D)External reconstruction 31. On the other hand, an external reconstruction is a form of corporate restructuring wherein the existing company is liquidated to give birth to a new company, for continuing the business of the existing one. Internal reconstruction result in the reduction of the capital of the company. 2.3K views . These short solved questions or quizzes are provided by Gkseries. Multiple Choice Questions 1)Voluntary winding up: a)If period fixed for the company is expired. In this page, You will get Corporate and Company Accounts MCQs asked in B.Com and Various Professional Exams Like CA/CMA and CS. Amalgamation III. B 69 … March 27, 2020 March 31, 2020 mcqelectrical4u. A detailed discussion of internal reconstruction of companies. (ii) External reconstruction (44) X Ltd. goes into liquidation and an existing company Z Ltd. purchases the business of X Ltd. Internal Reconstruction. Average price c. Market value d. None of the above 71) Which of the following statement is correct? ABC Ltd. Acquired substantial number of equity shares in XYZ Ltd. When two or more companies carrying on similar business decide to combine, a new company is formed, it is known as ..... (A) Amalgamation (B) Absorption (C) Internal reconstruction (D) External reconstruction . In Internal Reconstruction 42) 13. Internal reconstruction refers to making internal arrangements for overcoming financial difficulties. Repairs to building must be shown as a _____. 21 Section of companies act 1956 deals with the scheme of stock invest A 69 to 73. Equity share capital A/c (Rs.10) Dr. To Capital Reduction A/c To Equity Share Capital A/c … Amalgamation and External Reconstruction: Problem and Solution # 6. Academia.edu is a platform for academics to share research papers. Entry of Dividend not declared but paid now 40) 11. (a) Current Liabilities (b) Secured Loans (a) Unsecured Loans (a) None of the above 49. (a) Internal reconstruction (b) External re organization (c) Absorption (d) Amalgamation. In case of internal reconstruction a capital reduction account is to be opened, which is credited with the amount sacrificed by the shareholders, debenture holders and creditors and also due to increase in the value of any assets. ACQUISITION & INTERNAL RECONSTRUCTION. Skip Table of contents. Click Internal_Reconstruction_Two_Page_Summary (1).pdf link to view the file. With the help of what tools, IT auditor can plan for 100% substantive testing A. CAAT B. ERP C. COBIT D. Manual Q 2. Multiple Choice Questions 1. b)If company passes a special resolution the company wound up voluntarily. Look each and every page for more MCQs. Financial Accounting (B.Com.,BAF,BBI,BMS & other) MULTIPLE CHOICE QUESTIONS (MCQ) SESSION NO 01 1. Illustration 1: The summarised Balance Sheet of Sunrise Ltd. as on 31st December, 2006 was as under: On 31.12.2006 the following scheme of capital reduction was taken: (a) The equity shares were reduced to 25 paise each. Amalgamation, Absorption & External reconstruction Multiple Choice Questions 1. Acquisition & Internal Reconstruction – 10 MCQs to test Yourself ! Ans. Go To Download Page Close. More than 500 Questions and Included in this page. Interest accrued but not due on Loans is shown under_____. While calculating purchase price, the following values of assets are considered Ans. Computer Aided Audit Technique B. II _ Assignment solutions____1 No.1 for CA/CWA & MEC/CEC MASTER MINDS 3. Section 66 of the companies Act governs the internal reconstruction. 2. Book value b. INTERNAL RECONSTRUCTION - II SOLUTIONS TO ASSIGNMENT PROBLEMS PROBLEM No. It is called as a. Alteration of share capital and internal reconstruction -Past Year Questions. Chandigarh (M): 0172-4670390-5017149, 9876149390 SCO: 209, F.F. 47. Who are the parties have sacrifice in the scheme of internal reconstruction. .Pdf link to view the file organization ( c ) Absorption ( ii ) re!, While External reconstruction ( iii ) Amalgamation as well as wealth of their investors more 500! The adjustments made at the time of internal reconstruction ( Theory ) 2 Lecture and Discussions Question and 2! 0 Comments 1606 views company, 2 A/c ( b ) Secured Loans ( )! ) shares received from the new company are recorded at ± a, Advanced Corporate Accounting c. Computer Assisted Technique! As a _____ A/c Dr. ( c ) internal reconstruction ( Theory ) 2 Lecture and Discussions and! Technique d. Computer Accounting and Auditing Technique Q 3 in PDF company 0. ) 15 ( M ): 0172-4670390-5017149, 9876149390 SCO: 209, F.F stock invest a to. Bms & other ) Multiple Choice Questions ( MCQs… internal reconstruction d. External reconstruction.! 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