Class 12 Accountancy - Company Accounts and Analysis of Financial Statements MCQ Questions

This page lists only chapters that currently have active MCQ questions for Class 12 Accountancy - Company Accounts and Analysis of Financial Statements.

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Class 12 Accountancy - Company Accounts and Analysis of Financial Statements Quick Practice

Try real questions from active chapters in this subject.

Question 1 of 8

Minimum number of members in a private company:

Correct answer: D
Question 2 of 8

Shares can be issued at:

Correct answer: A
Question 3 of 8

Maximum number of members in a public company:

Correct answer: A
Question 4 of 8

Interest on calls in advance will be allowed @ ______ p.a.

Correct answer: A
Question 5 of 8

______ shares have to be repaid by the company after a specified period.

Correct answer: C
Question 6 of 8

Amount received for security premium will be credited to:

Correct answer: A
Question 7 of 8

Private company is one which:

Correct answer: A
Question 8 of 8

Metacaf Ltd. issued 50,000 shares of ₹ 100 each payable ₹ 20 on application (on 1 st may 2012) ₹ 30 on allotment (on 1st January 2013) ₹ 20 on first call (on 1st July 2013) and the balance on final call (on 1st February 2014). Shankar, a shareholder holding 5,000 shares did not pay the first call on the due date. The second call was made and Shankar paid the first call amount along with the second call. All sums due were received.

Correct answer: C

Chapter-wise MCQ Practice

1

Accounting for Share Capital

35 Questions
2

Issue and Redemption of Debentures

16 Questions
3

Financial Statements of a Company

9 Questions
4

Analysis of Financial Statement

10 Questions
5

Accounting Ratios

11 Questions
6

Cash Flow Statement

14 Questions

Your Class 12 Accountancy - Company Accounts and Analysis of Financial Statements Study Path

  1. 1LearnNCERT Solutions
  2. 2PracticeChapter MCQs
  3. 3TestChapter Test
  4. 4PrepareSample Papers
  5. 5Exam PracticePrevious-Year Papers
  6. 6Final CheckMock Test

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