Accounting for Share Capital Quiz
3 Questions
3.7 Stars

Accounting for Share Capital Quiz

Test your knowledge of accounting for share capital with this quiz. Explore the impact of events such as calls in arrear, call in advance, forfeiture, and reissue of shares on share capital. Sharpen your understanding of how these events affect shareholders and company finances.

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Questions and Answers

What happens when shares are forfeited?

They are canceled and no longer exist

How does a call in advance impact shareholders?

It requires shareholders to pay for shares before the due date

Which of the following events does not affect share capital?

Call in arrear

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