Issuance of Shares and Debentures: Fill In the Blanks

True Tamplin

Written by True Tamplin, BSc, CEPF®
Updated on November 18, 2021

1. Ordinary shares are also called .

2. Share discounts are shown as separate items on the side of the balance sheet.

3. Calls in arrears are when any installment is not received.

4. The credit balance of forfeited shares must appear as a separate item on the side of the balance sheet.

5. Deferred shares are also called .

6. Naked debentures are also referred to as .

7. Corporations issue to raise capital.

8. When shares are issued to promoters in consideration of their services, is debited.

9. If the issued shares are under-subscribed, the deficiency is made up by .

10. When bonus shares are issued, the share capital of the corporation .

True Tamplin, BSc, CEPF®

About the Author
True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True contributes to his own finance dictionary, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website, view his author profile on Amazon, his interview on CBS, or check out his speaker profile on the CFA Institute website.

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