COMPANY ACCOUNTS . Introduction . Meaning and definition of a company . Characteristics of a company .
Meaning and types of shares . Divisions of share capital . Issue of equity shares . Process of issue of equity shares .
Issue of shares for cash in instalments . Issue of shares for cash in lumpsum . Issue of shares for consideration other than cash To enable the students to Understand the statutory provisions regarding issue, forfeiture and reissue of shares. Understand the accounting treatment for issue, forfeiture and reissue of shares.
Contents Learning objectives Preference shares Equity shares Over subscription Pro rata allotment Calls in advance Calls in arrear Key terms to know