CH-1 Accounting Of Share Capital

Forfei1ure of shares

Forfei1ure of shares

________ takes place when a shareholder fails 10 pay the calls made.

PREFERENCE

________ SHARES- These are the shares that carry preferential right as to dividend at fixed rate and preferential right as to repayment of capital.

Reserve capital

________ is a part of subscribed share capital that a company resolves.

Pro rata allounen1

________ takes place only when the shnres are ovcrsubscnbed.

EQUITY SHARES

________- TheŁe shares are the shareŁ that are not preference Łhares.

Securities premium

________- How dealt when shares are forfeited.