A person who has applied to purchase shares in a company ...
A person who has applied to purchase shares in a company is referred to as
A promoter
A subscriber
An allottee
An underwriter
Correct answer is B
Companies issue their shares for subc=scription either publicly or by private placement. People who apply to subscribe (buy) the shares are subscribers.
Interim dividend paid in a year is ...
i. Operating machines ii. Furniture iii. Fixtures and fitting iv. Loan from friends V. Creditors...
Accounting information seeks to provide ...
When the going concern concept is no longer applicable, the fixed assets are recorded at their ...
Provision for depreciation on office furniture is charged to ...