View PDF NCERT Solution Class 12 Accountancy Accounting for Share Capital

NCERT Solutions  for Accountancy Class XII Chapter Number – 1 - Accounting For Share  Capital Short Answer Questions Q1. What is public company? Ans. It is a company which (i) is not a private company; (ii) has a minimum paid-up capital of Rs. 5,00,000 or such higher amount as may  be prescribed The minimum number of members required to form a public  limited company is seven. There is no restriction on maximum number of members.   Q2. What is a private company?  Ans.   A private company is one which  has a minimum paid up share capital of Rs. 1,00,000 or such higher paid  up share capital


More Study Material


Latest NCERT & CBSE News

Read the latest news and announcements from NCERT and CBSE below. Important updates relating to your studies which will help you to keep yourself updated with latest happenings in school level education. Keep yourself updated with all latest news and also read articles from teachers which will help you to improve your studies, increase motivation level and promote faster learning

Live session by CBSE Experts for holistic wellbeing

CBSE and Fit India Mission have collaborated to provide live sessions by experts covering a range of topics for holistic well-being of school going children, which will include simple actionable tips around Basic Exercises, Nutrition, Yoga & Meditation, boosting...

Procedure for correction in Name and Date of Birth

Procedure for correction in Name and Date of Birth in CBSE records Name Change: Applications regarding changes in name or surname of candidates will be considered provided the changes have been admitted by the Court of law and notified in the Government Gazette before...

Critical notice issued by CBSE relating to Boards and other classes

Critical notice issued by CBSE relating to Boards and other classes

Art Integrated Project work for classes 1 to 10

CBSE Board has decided to introduce Art-Integrated Project work for classes I to X to promote Art-Integrated Learning in schools to make teaching learning Competency-Based and joyful. As part of this, at least one Art-Integrated Project in each subject shall be taken...

CBSE Board Results for Class 10 and Class 12

Anticipated CBSE result 2020 Date and Time: This is all you wish to know! Here is the news which all students are waiting for. The expected date and time for the CBSE Class X and XII Results 2020 can be viewed here by the students. CBSE Result 2020: The Central Board...

Checking of Boards Answer sheets starts today

CBSE has instructed almost 3000 schools to start the evaluation work for class 10th and class 12th board exam answer sheets from today. The checking of answer sheets for class 10th and class 12th was stopped earlier due to covid crisis in the country. Now in order to...

×
Studies Today