The effect of surrender of shares is the same as of shares:
A. Issue
B. Forfeiture
C. Re-Issue
D. None of these
Answer: Option D
This Question Belongs to Commerce >> Accounting
Join The Discussion
Comments (1)
Related Questions on Accounting
Accounting provides information on
A. Cost and income for managers
B. Company's tax liability for a particular year
C. Financial conditions of an institutions
D. All of the above
The long term assets that have no physical existence but are rights that have value is known as
A. Current assets
B. Fixed assets
C. Intangible assets
D. Investments
The assets that can be converted into cash within a short period (i.e. 1 year or less) are known as
A. Current assets
B. Fixed assets
C. Intangible assets
D. Investments
Patents, Copyrights and Trademarks are
A. Current assets
B. Fixed assets
C. Intangible assets
D. Investments
It's same as forfiture because in both cases the share of company is with the company and can be re-issued furture