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Important Questions for "corporate accounting":

[1]

  1. What are contingent liabilities? Provide any two examples.
  2. Explain the calculation of liquidator's remuneration with example.
  3. What do you understand by underwriting, sub-underwriting, and firm underwriting? What is the maximum commission legally allowed?

[2]

  1. What is meant by Share?
  2. What are the sources of buy back of shares?
  3. What journal entries are passed in the books of transferor and transferee companies in case of amalgamation?

[3]

  1. What accounting records are made when shares are issued at par, premium, or discount?
  2. Define Holding Company and Subsidiary Company. How is it prepared?
  3. What is meant by amalgamation in the nature of merger and purchase? What is the difference between the two?

[4]

  1. Explain the process of redemption of debentures.
  2. Explain the intrinsic value of shares.
  3. What is amalgamation? What are its objectives?

[5]

  1. What is Discount on Debentures?
  2. Discuss the premium on redemption of debentures.
  3. What is amalgamation? What are its objectives?

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