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Chapters
1: Business Environment
UNIT 2 : Financing
2: Capital - Fixed and Working
▶ 3: Sources of Financial for a Join stock Company
4: Banking - Latest Trends
UNIT 3 : Management
5: Management - Meaning, Nature and Importance
6: Principles of Management
7: Functions of Management and Coordination
8: Planning
9: Organising
10: Staffing
11: Directing
12: Controlling
UNIT 4 : Marketing
13: Marketing - Concept and functions
14: Marketing Mix
15: Consumer Protection
![C. B. Gupta solutions for Commerce Volume 2 [English] Class 12 ISC chapter 3 - Sources of Financial for a Join stock Company - Shaalaa.com](/images/commerce-volume-2-english-class-12-isc_6:2f5674d0d22e4bb38cf38d3d80047526.jpg "C. B. Gupta solutions for Commerce Volume 2 [English] Class 12 ISC chapter 3 - Sources of Financial for a Join stock Company")
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Solutions for Chapter 3: Sources of Financial for a Join stock Company
Below listed, you can find solutions for Chapter 3 of CISCE C. B. Gupta for Commerce Volume 2 [English] Class 12 ISC.
C. B. Gupta solutions for Commerce Volume 2 [English] Class 12 ISC 3 Sources of Financial for a Join stock Company EXERCISES [Pages 73 - 88]
I. OBJECTIVE QUESTIONS: MULTIPLE CHOICE QUESTIONS:
A business can generate funds internally by ______.
Accelerating collection of receivables
Ploughing back its profits
Disposing of surplus inventories
All of the above
Non-payment of debt on time results in ______.
Higher interest cost
Loss of goodwill
Fines and penalties
All of the above
Equity share capital represents ______.
Fixed capital of the company
Working capital of the company
Permanent capital of the company
Fluctuating capital of the company
Unsecured debentures:
simple debentures
naked debentures
collateralised debentures
Both simple debentures and naked debentures
Which source of finance is preferred by investors who want fixed income at lesser risk.
Debentures
Preference shares
Equity shares
Bank Loan
Preference shareholders are called ______.
Partners of the company
Owners of the company
Executives of the company
Guardians of the company
Which of the following is not the feature of preference shares:
Provides fixed rate of return
Provides voting rights
Get preference in payment of dividend
Art of owner’s capital
‘Retained Earnings’ are also known as ______.
Residual owners of the company
Loan capital of the company
Short-term capital of the company
Ploughing back of profits
Trade credit is granted to those customers who have reasonable amount of ______.
Funds in their bank account
Financial standing and goodwill
Weakness
Zero balance in their bank account
Under the factoring arrangement, the factor ______.
Produces and distributes the goods or services
Makes the payment on behalf of the client
Collects the client’s debt or account receivables
Transfer the goods from one place to another
Investors who want steady income may not prefer ______.
Preference Shares
Debentures
Equity Shares
Bonds
What do you mean by business finance:
It is the requirement of funds by a business to carry out its various activities.
It is the requirement of profits by business to carry out its various activities.
It is the requirement of liabilities by a business to carry out its various activities.
It is the requirement of customers by business to carry out its various activities.
______ not required to be refunded during the lifetime of the business.
- Preference shares
- Debentures
- Equity shares
- Retained earnings
1, 2, 3, 4
1, 2, 3
Only 3 and 4
1, 2, 4
______ holders do not receive a fixed amount of dividend, whereas ______ holders receive a fixed amount dividend.
Equity share; preference share
Preference share; equity share
Debenture; equity shares
Preference shares; debenture
ABC ltd wants to issue huge amount of shares to raise its capital but the directors decided not to dilute the control to more people, which shares should they issue:
Preference shares
Equity shares
Both of these
None of these
A public limited company proposes to increase its subscribed capital by offering new shares to existing shareholders. Such an issue is termed as ______.
Preferential Allotment
Private Placement of Shares
Rights Issue
Issue of Bonus shares
A public limited company proposes to increase its subscribed capital by offering new shares to employees at below market price. Such an issue is termed as ______.
ESOP (Employees Stock Option Plan)
Private Placement of Shares
Rights Issue
Issue of Bonus shares
A public limited company proposes to increase its subscribed capital by offering new shares to its existing shareholders free of charge by capitalising its accumulated profits. Such an issue is termed as ______.
ESOP (Employees Stock Option Plan)
Private Placement of Shares
Rights Issue
Issue of Bonus shares
Debentures which are transferable by mere delivery are ______.
Registered debentures
First debentures
Bearer debentures
None of the above
Second debentures
Preference shares which are entitled to surplus profits of the company in addition to their share of fixed dividend are called as ______.
Cumulative preference shares
Participating preference shares
Registered preference shares
Convertible preference shares
Read the given passage and answer the following questions:
|
VTM Textile Mills is one of the largest manufacturers of various types of textile products from Ahmedabad, Gujarat. The company is equipped with state-of-the-art dyeing, printing and processing and garmenting facilities. Due to the prolonged pandemic and slackness in the market demand, the company is facing shortage of funds. The company has started preliminary work for expansion of textile manufacturing capacity in their existing plant at Ahmedabad as well as installation of a new manufacturing unit at Panipat, Haryana at an estimated cost of ₹ 10 Crore. The company has decided to issue equity shares for this purpose. Also, the company needs funds for meeting its day-to-day expenses like daily wages and overheads, etc. The finance manager of the company approached one of its suppliers to grant two months credit on purchase of raw cotton. This would enable the company to get cotton supplies without making immediate payments. |
“The finance manager of the company approached one of its suppliers to grant two months credit on purchase of raw cotton. This would enable the company to get cotton supplies without making immediate payments.”
Which source of finance is highlighted in the given lines?
Public deposits
Debentures
Trade credit
Equity shares
Read the given passage and answer the following question.
|
VTM Textile Mills is one of the largest manufacturers of various types of textile products from Ahmedabad, Gujarat. The company is equipped with state-of-the-art dyeing, printing and processing and garmenting facilities. Due to the prolonged pandemic and slackness in the market demand, the company is facing shortage of funds. The company has started preliminary work for expansion of textile manufacturing capacity in their existing plant at Ahmedabad as well as installation of a new manufacturing unit at Panipat, Haryana at an estimated cost of ₹ 10 Crore. The company has decided to issue equity shares for this purpose. Also, the company needs funds for meeting its day-to-day expenses like daily wages and overheads, etc. The finance manager of the company approached one of its suppliers to grant two months credit on purchase of raw cotton. This would enable the company to get cotton supplies without making immediate payments. |
Which of the following is NOT a merit of equity shares?
Suitable for risk-taker investors
Less formalities are involved as compared to debentures
Serves as permanent capital for the firm
Investors enjoy voting rights
On the basis of below given case study, answer the question.
|
The Directors of Shalini Ltd., which runs a famous fashion jewellery brand in India, have decided to expand their business activities globally especially targeting other Asian countries. Their Balance Sheet as at 31st March 2020 shows Equity Share Capital of ₹ 5 Crore, Preference Share Capital of ₹ 2 Crore and Borrowed Funds of ₹ 8 Crore. Their Balance Sheet is also reflecting Retained Earnings of ₹ 80 Lakh. The Directors are very much aware of the risks involved in International Business. Also, they are already under so much fixed obligation of payment of interest. But since they enjoy good reputation in the finance market hence various sources of finance are easily available to them. So, keeping all these factors in mind, they decided to increase their production for their international venture. For this, they need to increase the stock of raw material at an estimated cost of ₹ 1 crore. |
As a finance manager of the Shalini Ltd., out of the following advise the directors the various sources open to the company to raise necessary finance for this purpose:
Retained Earnings
Public Deposits
Trade Credit
All of the above
On the basis of below given case study, answer the question.
|
The Directors of Shalini Ltd., which runs a famous fashion jewellery brand in India, have decided to expand their business activities globally especially targeting other Asian countries. Their Balance Sheet as at 31st March 2020 shows Equity Share Capital of ₹ 5 Crore, Preference Share Capital of ₹ 2 Crore and Borrowed Funds of ₹ 8 Crore. Their Balance Sheet is also reflecting Retained Earnings of ₹ 80 Lakh. The Directors are very much aware of the risks involved in International Business. Also, they are already under so much fixed obligation of payment of interest. But since they enjoy good reputation in the finance market hence various sources of finance are easily available to them. So, keeping all these factors in mind, they decided to increase their production for their international venture. For this, they need to increase the stock of raw material at an estimated cost of ₹ 1 crore. |
Among the various heads which are reflected in the Balance Sheet of Shalini Ltd., which funds out of following put a lot of burden on the business as payment of interest is to be made, even when the earnings are low or when loss is incurred?
Borrowed Funds
Equity Shares
Preference Shares
Both Borrowed Funds and Equity Shares
On the basis of below given case study, answer the question.
|
The Directors of Shalini Ltd., which runs a famous fashion jewellery brand in India, have decided to expand their business activities globally especially targeting other Asian countries. Their Balance Sheet as at 31st March 2020 shows Equity Share Capital of ₹ 5 Crore, Preference Share Capital of ₹ 2 Crore and Borrowed Funds of ₹ 8 Crore. Their Balance Sheet is also reflecting Retained Earnings of ₹ 80 Lakh. The Directors are very much aware of the risks involved in International Business. Also, they are already under so much fixed obligation of payment of interest. But since they enjoy good reputation in the finance market hence various sources of finance are easily available to them. So, keeping all these factors in mind, they decided to increase their production for their international venture. For this, they need to increase the stock of raw material at an estimated cost of ₹ 1 crore. |
How much is total finance reflected in the Balance Sheet of Shalini Ltd, as at 31st March 2020?
₹ 7 crore 80 lakh
₹ 15 crore 80 Lakh
₹ 15 crore
₹ 8 crore
ASSERTION-REASON QUESTIONS In the questions given below, there are two statements marked Assertion (A) and Reason (R). Read the statements and choose the correct option:
Assertion (A): Financing through debentures is less costly.
Reason (R): Debentures do not carry voting rights. Therefore, financing through debentures does not dilute control of equity shareholders on management.
Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is True but Reason (R) is False.
Assertion (A) is False but Reason (R) is True.
Assertion (A): Tax benefits are available on dividend paid on preference shares.
Reason (R): Dividend paid on preference shares is an appropriation of profits.
Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is True but Reason (R) is False.
Assertion (A) is False but Reason (R) is True.
Assertion (A): The control of the company is not diluted when they go for public deposits.
Reason (R): The depositors are given minor voting rights to keep their preference in consideration.
Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is True but Reason (R) is False.
Assertion (A) is False but Reason (R) is True.
FILL IN THE BLANKS
Long-term funds are required to purchase ______ assets.
The capital of a company is divided into a number of equal parts known as ______.
Preference shares are a hybrid security comprising features of both ______ and ______.
Rights shares bring ______ to the company’s coffers.
______ are an important source of raising long-term finance.
TRUE OR FALSE:
Issue of debentures is the most important method of raising long-term funds.
TRUE OR FALSE:
Equity shares are issued prior to preference shares and debentures.
TRUE OR FALSE:
When the entire share capital is raised through equity shares, the benefit of trading on equity is available.
TRUE OR FALSE:
Preference shares are popular due to low rate of return.
TRUE OR FALSE:
Public deposits refer to the deposits of money made by the public with non-banking companies.
II. SUBJECTIVE QUESTIONS: Short Answer Type Questions:
What are Preference Shares?
Give two privileges enjoyed by preference shareholders.
What are the two merits of issuing equity shares?
Explain retained earnings.
Give the main forms in which financial assistance from a bank may be available.
Identify two sources of short-term funds.
Enumerate two factors which bring out the importance of debentures.
Answer in one sentence.
What are convertible debentures?
Discuss the advantages of retained profits as a source of finance.
Give two sources of long-term funds.
Discuss the importance of preference shares as sources of long-term finance.
What are inter-corporate deposits (ICDs)?
What is meant by trade credit?
What is an overdraft?
What is Cash Credit?
What is bills discounting?
Explain any two advantages of Public deposits.
Describe the disadvantages of public deposits.
What are retained earnings?
Give two characteristics of a debenture.
What is instalment credit?
What are Right Shares?
What are retained earnings?
What is a Debenture?
What is the advantage of participating preference shares over other preference shares?
Explain any two advantages of Public deposits.
Describe the disadvantages of public deposits.
Why are preference shares so called?
Explain any two advantages of Public deposits.
Explain the following term/concept:
Bonus shares
Distinguish between Bearer Debentures and Registered Debentures.
Write any two differences between Shares and Debentures.
From the view point of the company mention two disadvantages of raising money by the issue of shares.
Mention two drawbacks of ploughing back of profits, from the shareholder’s viewpoint.
Mention two specific advantages to a company from the issue of debentures.
What is meant by trade credit?
Mention any four sources of finance for proprietary form of business organisation.
What are Bonus Shares?
What is meant by Discounting of a Bill of Exchange?
Distinguish between:
cash credit and loan.
What are retained earnings?
Mention any two drawbacks of public deposits as a source of finance.
Long Answer Type Questions
What are the different types of short-term finances given by commercial banks?
What are preference shares?
Discuss the importance of preference shares as sources of long-term finance.
What are the advantages of preference shares from the point of the investors?
Discuss five main advantages of obtaining funds from specialised financial institutions.
Distinguish between equity shares and preference shares.
State any three advantages of debenture issue as a source of finance.
Distinguish between shares and debentures.
Discuss five main advantages of obtaining funds from specialised financial institutions.
Explain various types of preference shares.
Explain the advantages of equity shares, as a source of finance.
Write any two differences between Shares and Debentures.
Write a short note on underwriting of shares.
Explain retained earnings.
Write any two differences between Shares and Debentures.
Distinguish between equity shares and preference shares.
Distinguish between redeemable debentures and irredeemable debentures.
Distinguish between cumulative and non-cumulative preference shares.
Discuss the objectives of institutional finance.
Explain the advantages of equity shares as a source of long-term finance.
Give two main features of participating preference shares.
What are Preference Shares?
Discuss the importance of preference shares as sources of long-term finance.
What are the various kinds of Debentures?
What are public deposits?
Explain any two advantages of Public deposits.
Describe the disadvantages of public deposits.
What is a Debenture?
State any three advantages of debenture issue as a source of finance.
Discuss the disadvantages of raising finance through debentures.
What are the two advantages of ‘ploughing back’ of profits?
Why are participating preference shares so called?
Explain the advantages of equity shares as a source of long-term finance.
Explain the disadvantages of equity shares as a source of long-term finance.
Write any two differences between Shares and Debentures.
What are public deposits?
Briefly explain any two merits of Public Deposits.
Describe the different types of preference shares.
Explain any three disadvantages of issuing equity shares, from the Company's point of view.
Explain the advantages of equity shares, as a source of finance.
Answer the question.
Explain any five types of debentures through which a company can collect borrowed capital from the public.
What are the different types of short term financial assistance provided by the commercial banks to business houses?
Write Short Note on Secured Debentures
Briefly explain any three demerits of public deposits.
Write any four features of equity shares.
Briefly explain any two sources of short term finance.
Explain any four merits of borrowing funds from financial institutions.
What are retained earnings?
Discuss the advantages of retained profits as a source of finance.
Explain any three demerits of retained earnings.
Explain any four types of debentures through which a public limited company can collect its borrowed capital from the public.
What is meant by trade credit?
Describe the advantages of Trade Credit as a source of short-term finance.
CASE/PARAGRAPH BASED QUESTIONS
| Mr. Anoop has been running a restaurant for last two years with his own savings. The excellent quality of food has made the restaurant popular in no time. Motivated by the success of his business, Mr. Anoop is now contemplating the idea of expanding his business. However, the money available with him from his personal sources is not sufficient to meet the expansion requirements of his business. His father suggested that he can organise the business as a company form of organisation and consider issuing of debentures which will provide him a host of benefits. He also advised him to take a bank loan to fulfil his financial requirements. He is worried and confused and has no idea, how and from where he should obtain additional funds. He also discussed the problem with his friend Swapnil, who suggested him some other sources like Equity shares, Preference shares and Debentures, which are available only to company form of organisation. He further cautions him that each method has its own advantages and limitations and his final decision should be taken with extreme rationality. |
- ‘Mr. Anoop has been running a restaurant for last two years with his own savings’. With reference to the given text, identify the source of fund employed by Mr. Anoop. Also, state its any two disadvantages. (2)
- Out of the sources of funds suggested by Swapnil, what may be the possible reasons for not raising funds through issue of debentures? (3)
- Identify which type of source of funds were suggested by Mr. Anoop’s friend on the basis of duration? (1)
- Explain the advantages of raising capital through equity shares. (2)
|
Anupama has been successfully running a soft skills training company for the past five years in Bangalore. Her company has become popular and enjoys a good reputation in the city. She now plans to start a chain of soft skills training centres and has identified four strategic places for the same in the city. Till now she has been managing all the financial requirements of her business through the profits made in her business. However, in order to implement her expansion plans funds will have to be raised externally. Recently, she procured a big export order. Although the importer has promised to make some advance payments, Anupama would still need more funds to meet the increased working capital requirements. |
In context of the above case:
- ‘Till now she has been managing all the financial requirements of her business through the profits made in business.’ Name the source of the funds being mentioned in the statement and state it's any two merits. (3)
- Suggest any two long-term sources of funds from external sources that Anupama can use to finance her expansion plans. (1)
- Suggest any two sources through which Anupama can raise funds to meet the increased working capital requirements of her business. (2)
- Give any two merits for each of the suggested source of funds. (2)
III. ADDITIONAL SOLVED QUESTIONS
What is meant by Equity Shares?
What is meant by 'Employees Stock Option Plan'?
Answer this question in about fifteen words:
What is Right Issue?
Explain the following term/concept.
Sweat Equity shares
What are Preference Shares?
What preferential rights are enjoyed by preference shareholders? Explain.
Discuss the importance of preference shares as sources of long-term finance.
What is the advantage of participating preference shares over other preference shares?
Why are preference shares so called?
What is meant by participating preference shares?
What is a “Hybrid Security”?
What are preference shares?
Discuss the importance of preference shares as sources of long-term finance.
What are the advantages of preference shares from the point of the investors?
Distinguish between cumulative and non-cumulative preference shares.
What are the two merits of issuing equity shares?
Write a short note on underwriting of shares.
Distinguish between equity shares and preference shares.
Explain the following term/concept:
Bonus shares
Name the securities which a company may issue to raise loans from the general public.
What is a Debenture?
Give two characteristics of a debenture.
Answer the following question in one sentence.
What are ‘convertible debentures’?
Write any two differences between Shares and Debentures.
Discuss the disadvantages of raising finance through debentures.
State any three advantages of debenture issue as a source of finance.
Distinguish between redeemable debentures and irredeemable debentures.
Explain retained earnings.
What are retained earnings?
What are the two advantages of ‘ploughing back’ of profits?
Give the main forms in which financial assistance from a bank may be available.
What is an overdraft?
Explain any two advantages of Public deposits.
Describe the disadvantages of public deposits.
Answer in brief.
What is trade credit?
Describe customer advances.
What is instalment credit?
What is meant by factoring?
Explain any two advantages of Public deposits.
What is collateral security for a bank loan?
Explain leasing as a source of short-term finance.
Distinguish between the following:
Loan and overdraft
What is Cash Credit?
What are inter-corporate deposits (ICDs)?
IV. PRACTICE PREVIOUS YEAR QUESTIONS
What is meant by factoring?
Explain the term ICICI.
Explain the term IDBI.
What are the two advantages of ‘ploughing back’ of profits?
State any four short-term sources of finance for a joint stock company.
Mention any two drawbacks of public deposits as a source of finance.
Explain any two advantages of Public deposits.
Answer in one sentence.
What are cumulative preference shares?
Give the main forms in which financial assistance from a bank may be available.
What is meant by factoring?
In the context of right shares, bring out the meaning of pre-emptive right.
What is meant by participating preference shares?
Give two merits of Inter Corporate Deposits.
Write any two differences between Shares and Debentures.
Explain retained earnings.
What are the two advantages of ‘ploughing back’ of profits?
Identify two sources of working capital or short-term capital.
Distinguish between the following:
Rights Shares and Bonus Shares
Define debenture.
Describe the various types of debentures.
Explain any four merits of borrowing funds from financial institutions.
What is meant by Equity Shares?
Explain the advantages of equity shares as a source of long-term finance.
Explain the following term/concept.
Sweat Equity shares
Explain Debentures.
State any four disadvantages of debentures.
Write short note on Bank overdraft.
Explain the three disadvantages of preference shares from the investors’ point of view.
Explain four advantages of raising funds from commercial banks.
Explain any three disadvantages of borrowing funds from specialized financial institutions.
Write a short note on the following:
E.S.O.P.
A Debenture issued by a company by creating a fixed or a floating charge on the company's assets is known as ______.
Non-Convertible Debenture
Mortgage Debenture
Redeemable Debenture
Unsecured Debenture
ABC company plans to capitalise on its undistributed profits. Which one of the following shares will the company issue to its existing shareholders?
Rights shares
ESOP
Sweat Equity Shares
Bonus Shares
State whether the following is TRUE or FALSE.
When Equity Shares dominate the capital structure, the capital is considered as high geared.
True
False
Describe the advantages of Trade Credit as a source of short-term finance.
JSW Co. purchased goods on credit from SDW Co. and paid the amount after two months. Name the short term source of finance used by the buyer and state any three features of this source.
The capital structure of XYZ Ltd. is highly geared. Explain any four factors that were considered by its Finance Manager while formulating such a capital structure for the company.
Ms. Rubina, a first-time investor, does not understand the difference between securities with voting rights and securities without voting rights.
Give any five differences between the two types of securities to help her understand the difference.
Rajiv's daughter has secured a seat in a Law college. The college has asked for the payment of admission fee through the financial instrument payable on demand.
Identify and explain the financial instrument indicated above. Can it be issued online? List any two of its features.
Write a short note on Sweat Equity Shares.
Ratan Ltd. needs to raise funds from the financial market and, hence, considers issuing equity shares. State any four reasons to explain why this source of raising funds is considered by the company.
Explain any two advantages of Public deposits.
Explain any two disadvantages of Public deposits.
What are Preference Shares?
Give any four types of Preferences shares.
What are retained earnings?
Explain any four disadvantages of Retained Earnings.
Explain any three advantages of Debentures from the Debenture holder’s point of view.
Explain four advantages of raising funds from commercial banks.
What are retained earnings?
Explain any three demerits of retained earnings.
Distinguish between equity shares and preference shares.
Write a short note on the following:
Instalment credit as a source of short-term funds for business.
Distinguish between Bearer Debentures and Registered Debentures.
What is meant by participating preference shares?
Solutions for 3: Sources of Financial for a Join stock Company
C. B. Gupta solutions for Commerce Volume 2 [English] Class 12 ISC chapter 3 - Sources of Financial for a Join stock Company
Shaalaa.com has the CISCE Mathematics Commerce Volume 2 [English] Class 12 ISC CISCE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. C. B. Gupta solutions for Mathematics Commerce Volume 2 [English] Class 12 ISC CISCE 3 (Sources of Financial for a Join stock Company) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
Further, we at Shaalaa.com provide such solutions so students can prepare for written exams. C. B. Gupta textbook solutions can be a core help for self-study and provide excellent self-help guidance for students.
Concepts covered in Commerce Volume 2 [English] Class 12 ISC chapter 3 Sources of Financial for a Join stock Company are Concept of Shares, Finance for a Joint Stock Company - Bonus Shares, Finance for a Joint Stock Company - Rights Issue, Employee Stock Option Plan (ESOP), Sweat Equity Shares, Retained Earnings, Long-term Sources of Funds, Advantages and Disadvantages of Debentures, Loans from Commercial Banks and Financial Institutions, Loans from Commercial Banks and Financial Institutions - Advantages and Disadvantages, Different Types of Short Term Financial Assistance by Commercial Banks, Short-term Sources of Funds - Public Deposits, Short-term Sources of Funds - Trade Credit, Short-term Sources of Funds - Factoring, Inter Corporate Deposits and Installment Credit, Advantages and Disadvantages of Various Sources of Funds, Concept of Debentures, Overview of Sources of Finance for a Joint Stock Company.
Using C. B. Gupta Commerce Volume 2 [English] Class 12 ISC solutions Sources of Financial for a Join stock Company exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in C. B. Gupta Solutions are essential questions that can be asked in the final exam. Maximum CISCE Commerce Volume 2 [English] Class 12 ISC students prefer C. B. Gupta Textbook Solutions to score more in exams.
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