1. Joint Stock Company is an artificial person created by?

Correct! Wrong!

2. If common stock is issued for an amount greater than par value, the excess should be credited to?

Correct! Wrong!

3. Share premium is shown in the balance sheet as an?

Correct! Wrong!

4. The face value of share is called?

Correct! Wrong!

5. A private invitation to the public to purchase the shares of company is called?

Correct! Wrong!

6. Share premium money can be used for?

Correct! Wrong!

7. A document which givens the company’s relationship without side world is called?

Correct! Wrong!

8. Discount on issue of shares account being a loss of?

Correct! Wrong!

9. Deferred shares are generally issued to?

Correct! Wrong!

10. The person who takes the risk of issuing shares is known as?

Correct! Wrong!