Question 12 Not yet answered Marked out of 100 P Flag question A company was formed on 1 March 2018 with an authorized capital of OMR 5 million divided into common stock of OMR1 each. The Cash at Bank as on 1 March 2018 is OMR100,000. The company came up with an initial Public Offer IPO by issuing 3 million equity shares at OMR 1.300 each. The amount of Bank account should be shown on the balance sheet at the end of the year 31st December 2018 assuming that IPO is fully subscribed by the public as on 31st December 2018. a. OMR5,000,000 O b. OMR3,100,000 OC. OMR4,000,000 d. OMR3,900,000 Question 15 Not yet answered ABC Company issued 10,000 equity shares of OMR 1 each. The company called up OMR 0.500baisa and the company received the entire amount except on 500 shares on which call money has not been received. The paid-up capital of the company is Marked out of 1.00 P Flag question a. OMR 9500 O b. OMR 9750 O COMR 4750 O d. OMR 500 The nominal value of the shares is also called as: Question 16 Not yet answered Marked out of 1.00 P Flag question a. Face value O b. High value O c. Premium value O d. Security value