12th class Principle of Accounting chapter 4 short question with answers for ICom part 2 Principle of Accounting Chapter 4

Online Short Questions For Chapter 4 "ICOM Part 2 Principles of Accounting Chapter 4 Short Questions Preparation "

Try The Short Questions For ICOM Part 2 Principles of Accounting Chapter 4 Short Questions Preparation

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Principles of Accounting - ICOM Part 2 Principles of Accounting Chapter 4 Short Questions Preparation

Question # 1

Define Joint stock company?

  • Ans 1: A joint stock company may be defined as an artificial person recognized by law,with a distinctive name.It has common seal,a common capital comprising transferable shares,carrying limited liability and having perpetual succession.
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Prepare Complete Set Wise Questions For Chapter 4 "ICOM Part 2 Principles of Accounting Chapter 4 Short Questions Preparation "

ICOM Part 2 Principles of Accounting Chapter 4 Short Questions Preparation - Set 1

Question # 1

Define Joint stock company?

  • Ans 1: A joint stock company may be defined as an artificial person recognized by law,with a distinctive name.It has common seal,a common capital comprising transferable shares,carrying limited liability and having perpetual succession.
Submit

ICOM Part 2 Principles of Accounting Chapter 4 Short Questions Preparation - Set 2

Question # 1

What is meant by company limited by Guarantee?

  • Ans 1: The company in which the liability of the members is limited to such amount as the member may respectively undertake to contribute to the assets of the company in the event of its being wound up.
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ICOM Part 2 Principles of Accounting Chapter 4 Short Questions Preparation - Set 3

Question # 1

What is a prospectus?

  • Ans 1: Prospectus is a valuable document issued by the company of raising of the capital.
    The main object of prospectus is to arouse the interest of the investors in proposed company.
    Prospectus has different information about company such as name of directors promotorers ,auditors etc.
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Principles of Accounting
4th Chapter

12th Principles of Accounting Chapter 4 Test

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