{"id":7014,"date":"2021-09-30T11:30:51","date_gmt":"2021-09-30T06:00:51","guid":{"rendered":"https:\/\/scholarsclasses.com\/blog\/?p=7014"},"modified":"2025-10-08T13:28:31","modified_gmt":"2025-10-08T07:58:31","slug":"12th-sp-chapter-6-solution","status":"publish","type":"post","link":"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/","title":{"rendered":"12th SP Chapter 6 Solution (Correspondence with Members) &#8211; Maharashtra Board &#8211; Free Solution"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69dbf10763d9d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69dbf10763d9d\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#12th_SP_Chapter_6_Solution\" >12th SP Chapter 6 Solution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Chapter_6_%E2%80%93_Correspondence_with_Members\" >Chapter 6 &#8211; Correspondence with Members<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q1_A_Select_the_correct_answer_from_the_options_given_below_and_rewrite_the_statements\" >Q.1 A) Select the correct answer from the options given below and rewrite the statements.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q1_B_Match_the_pairs\" >Q.1 B) Match the pairs.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q1_C_Write_a_word_or_a_term_or_a_phrase_which_can_substitute_each_of_the_following_statements\" >Q.1 C) Write a word or a term or a phrase which can substitute each of the following statements.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q1_D_State_whether_the_following_statements_are_true_or_false\" >Q.1 D) State whether the following statements are true or false.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q1_E_Find_the_odd_one\" >Q.1 E) Find the odd one.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q1_F_Complete_the_sentences\" >Q.1 F) Complete the sentences.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q1_G_Select_the_correct_option_from_the_bracket\" >Q.1 G) Select the correct option from the bracket.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q1_H_Answer_in_one_sentence\" >Q.1 H) Answer in one sentence.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q1_I_Correct_the_underlined_words_and_rewrite_the_following_sentences\" >Q.1 I) Correct the underlined word\/s and rewrite the following sentences.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q1_J_Arrange_in_proper_order\" >Q.1 J) Arrange in proper order<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q2_Explain_the_following_termsconcepts\" >Q.2 Explain the following terms\/concepts.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q3_Answer_in_brief\" >Q.3 Answer in brief.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q4_Justify_the_following_statements\" >Q.4 Justify the following statements.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Q5_Answer_the_following\" >Q.5 Answer the following<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#12th_Commerce_SP_Textbook_Solution\" >12th Commerce SP Textbook Solution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/#Check_out_other_posts_related_to_the_12th_Commerce\" >Check out other posts related to the 12th Commerce<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"12th_SP_Chapter_6_Solution\"><\/span><strong>12th SP Chapter 6 Solution<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-black-color has-vivid-green-cyan-background-color has-text-color has-background has-medium-font-size\"><span class=\"ez-toc-section\" id=\"Chapter_6_%E2%80%93_Correspondence_with_Members\"><\/span>Chapter 6 &#8211; Correspondence with Members<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q1_A_Select_the_correct_answer_from_the_options_given_below_and_rewrite_the_statements\"><\/span>Q.1 A) Select the correct answer from the options given below and rewrite the statements.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>1. Directors are the _____.<br><\/strong>a) paid employee of the company<br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">b) representatives of the shareholders<br><\/mark><\/strong>c) creditors of the company<\/p>\n\n\n\n<p><strong>2. Dividend is to be paid to the shareholders within _____ days from the date of declaration.<br><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">a) 30 <br><\/mark><\/strong>b) 40 <br>c) 20<\/p>\n\n\n\n<p><strong>3. Registered shareholders receive dividend through _____ warrant.<br><\/strong>a) share <br>b) debenture <br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">c) dividend<\/mark><\/strong><\/p>\n\n\n\n<p><strong>4. Shares issued free of cost to the shareholders are known as _____ shares. <br><\/strong>a) preference <br>b) equity <br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">c) bonus<\/mark><\/strong><\/p>\n\n\n\n<p><strong>5. Share Certificate should be ready for delivery by the company within _____ months after the allotment of shares.<br><\/strong>a) 3 <br>b) 5 <br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">c) 2<\/mark><\/strong><\/p>\n\n\n\n<p><strong>6. Secretarial correspondence with members should be _____.<br><\/strong>a) lengthy <br>b) shortcut <br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">c) prompt and precise<\/mark><\/strong><\/p>\n\n\n\n<p><strong>7. Dividend is recommended by _____.<br><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">a) Board of Directors <br><\/mark><\/strong>b) shareholders <br>c) Depositors<\/p>\n\n\n\n<p><strong>8. Dividend is paid out of _____ of the company.<br><\/strong>a) Capital <br>b) Building Fund <br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">c) Profit<\/mark><\/strong><\/p>\n\n\n\n<p><strong>9. _____ is issued by the company to its registered shareholders after the declaration of dividend at the Annual General Meeting of the company.<br><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">a) Dividend Warrant <br><\/mark><\/strong>b) Interest Warrant <br>c) Share Warrant<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2021\/09\/12th-SP-Chapter-6-Solution-1024x576.jpg\" alt=\"12th SP Chapter 6 Solution\" class=\"wp-image-7109 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2021\/09\/12th-SP-Chapter-6-Solution-1024x576.jpg 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2021\/09\/12th-SP-Chapter-6-Solution-300x169.jpg 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2021\/09\/12th-SP-Chapter-6-Solution-768x432.jpg 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2021\/09\/12th-SP-Chapter-6-Solution-1536x864.jpg 1536w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2021\/09\/12th-SP-Chapter-6-Solution-640x360.jpg 640w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2021\/09\/12th-SP-Chapter-6-Solution.jpg 1920w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/576;\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q1_B_Match_the_pairs\"><\/span>Q.1 B) Match the pairs.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Group A<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Group B<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">a) Private Company<\/td><td class=\"has-text-align-center\" data-align=\"center\">1) Instrument for payment of Interest<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">b) Return on Shares<\/td><td class=\"has-text-align-center\" data-align=\"center\">2) Capitalisation of Building Fund<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">c) Bonus Shares<\/td><td class=\"has-text-align-center\" data-align=\"center\">3) Electronic Clearing Service<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">d) ECS<\/td><td class=\"has-text-align-center\" data-align=\"center\">4) Capitalisation of Reserve Fund<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">e) NEFT<\/td><td class=\"has-text-align-center\" data-align=\"center\">5) National Electronic Fund Transfer<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">6) Dividend<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">7) Electronics Co-operative Society<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">8) National Electronic Fixed Transfer<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">9) Instrument for Payment of Dividend<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">10) Interest<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Answers.   <br><\/strong>a. 9) Instrument for Payment of Dividend<br>b. 6) Dividend<br>c. 4) Capitalisation of Reserve Fund<br>d. 3) Electronic Clearing Service<br>e. 5) National Electronic Fund Transfer<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q1_C_Write_a_word_or_a_term_or_a_phrase_which_can_substitute_each_of_the_following_statements\"><\/span>Q.1 C) Write a word or a term or a phrase which can substitute each of the following statements.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>1) Shares given free of cost to the existing equity shareholders.<\/strong><br><span class=\"has-inline-color has-vivid-purple-color\">Ans: Bonus Shares<\/span><\/p>\n\n\n\n<p><strong>2) Instrument for payment of dividend.<\/strong><br><span class=\"has-inline-color has-vivid-purple-color\">Ans: Dividend Warrant<\/span><\/p>\n\n\n\n<p><strong>3) The shareholders to whom the bonus shares are issued.<\/strong><br><span class=\"has-inline-color has-vivid-purple-color\">Ans: Equity Shareholders<\/span><\/p>\n\n\n\n<p><strong>4) The authority which recommends the rate of dividend.<\/strong><br><span class=\"has-inline-color has-vivid-purple-color\">Ans: Board of Directors<\/span><\/p>\n\n\n\n<p><strong>5) An officer who comes into contact with all the members of the company through correspondence.<br><\/strong><span class=\"has-inline-color has-vivid-purple-color\">Ans: Company Secretary <\/span><\/p>\n\n\n\n<p><strong>6) A special kind of cheque issued by a company on its banker to pay certain sum of money as dividend to its members.<\/strong><br><span class=\"has-inline-color has-vivid-purple-color\">Ans: Dividend Warrant<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q1_D_State_whether_the_following_statements_are_true_or_false\"><\/span>Q.1 D) State whether the following statements are true or false.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>1) Bonus shares are issued to existing equity shareholders.<br><\/strong><span class=\"has-inline-color has-vivid-purple-color\">Ans: True<\/span><\/p>\n\n\n\n<p><strong>2) Building fund is used for issue of bonus shares.<br><\/strong><span class=\"has-inline-color has-vivid-purple-color\">Ans: False<\/span><\/p>\n\n\n\n<p><strong>3) Bonus shares mean capitalization of the reserve fund.<br><\/strong><span class=\"has-inline-color has-vivid-purple-color\">Ans: True<\/span><\/p>\n\n\n\n<p><strong>4) Registered shareholder gets dividend through dividend coupons.<br><\/strong><span class=\"has-inline-color has-vivid-purple-color\">Ans: False<\/span><\/p>\n\n\n\n<p><strong>5) Dividend is the portion of the profits of the company which is allotted to the holders of the debentures of the company..<br><\/strong><span class=\"has-inline-color has-vivid-purple-color\">Ans: False<\/span><\/p>\n\n\n\n<p><strong>6) Every company must issue or despatch a share certificate to the allottee within three months after the allotment of shares.<br><\/strong><span class=\"has-inline-color has-vivid-purple-color\">Ans: False<\/span><\/p>\n\n\n\n<p><strong>7) A complaint letter should not be replied promptly.<br><\/strong><span class=\"has-inline-color has-vivid-purple-color\">Ans: False<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q1_E_Find_the_odd_one\"><\/span>Q.1 E) Find the odd one.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1. <strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">Secrecy<\/mark><\/strong>, Dividend, Interest.<br>2. Bonus Letter, Dividend Letter, <strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">Board of Directors<\/mark><\/strong>.<br>3. Dividend Warrant, Interest Warrant, <strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">Demat<\/mark><\/strong>.<br>4. Secretary, Board of Directors, Dividend, <strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">Lucid Language<\/mark><\/strong>.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-notes\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-notes\/\" target=\"_blank\" rel=\"noreferrer noopener\">Balbharti Textbook Solutions for other subjects<\/a><br><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions\/\">Solution of all Chapters of SP<br><\/a> <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-chapter-1\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-chapter-1\/\" target=\"_blank\" rel=\"noreferrer noopener\">1<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions-chapter-2\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions-chapter-2\/\" target=\"_blank\" rel=\"noreferrer noopener\">2<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-3-solutions\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-3-solutions\/\" target=\"_blank\" rel=\"noreferrer noopener\">3<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-4-exercise\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-4-exercise\/\" target=\"_blank\" rel=\"noreferrer noopener\">4<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-5-exercise-deposits\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-5-exercise-deposits\/\" target=\"_blank\" rel=\"noreferrer noopener\">5<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">6<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-7-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-7-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">7<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-8-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-8-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">8<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-9-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-9-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">9<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-10-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-10-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">10<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-11-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-11-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">11<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-12-solutions\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-12-solutions\/\" target=\"_blank\" rel=\"noreferrer noopener\">12<\/a><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q1_F_Complete_the_sentences\"><\/span>Q.1 F) Complete the sentences.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1. Dividend is recommended by <strong><span style=\"text-decoration: underline;\">Board of Directors<\/span><\/strong> .<\/p>\n\n\n\n<p>2. A company capitalizes its Reserve Fund for issue of <strong><span style=\"text-decoration: underline;\">Bonus<\/span><\/strong> shares.<\/p>\n\n\n\n<p>3. Payment of dividend must be made within <strong><span style=\"text-decoration: underline;\">30<\/span><\/strong> days of its declaration.<\/p>\n\n\n\n<p>4. Dividend is approved by the <strong><span style=\"text-decoration: underline;\">Shareholders<\/span><\/strong> in the Annual General Meeting.<\/p>\n\n\n\n<p>5. The <strong><span style=\"text-decoration: underline;\">Secretary<\/span><\/strong> has to communicate the decisions of the management to the members by conducting correspondence.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q1_G_Select_the_correct_option_from_the_bracket\"><\/span>Q.1 G) Select the correct option from the bracket.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Group A<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Group B<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">a) Return on shares<\/td><td class=\"has-text-align-center\" data-align=\"center\">1) <span style=\"text-decoration: underline;\"><span class=\"has-inline-color has-vivid-purple-color\">Dividend<\/span><\/span><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><span class=\"has-inline-color has-black-color\">b) Capitalisation of Reserve Fund<\/span><\/td><td class=\"has-text-align-center\" data-align=\"center\">2) <strong><span style=\"text-decoration: underline;\"><span class=\"has-inline-color has-vivid-purple-color\">Bonus shares<\/span><\/span><\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">c) Correspondence<\/td><td class=\"has-text-align-center\" data-align=\"center\">3) <span style=\"text-decoration: underline;\"><span class=\"has-inline-color has-vivid-purple-color\">Written communication<\/span><\/span><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">d) <span style=\"text-decoration: underline;\"><span class=\"has-inline-color has-vivid-purple-color\">ECS<\/span><\/span><\/td><td class=\"has-text-align-center\" data-align=\"center\">4) Payment of Dividend Electronically.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q1_H_Answer_in_one_sentence\"><\/span>Q.1 H) Answer in one sentence.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>1) What is Dividend Warrant?<\/strong><\/p>\n\n\n\n<p>Answer: A document that shows that a shareholder is entitled to a dividend. Or an order of payment in which a dividend is paid. The company pays dividend to its shareholder in a document form known as dividend warrant.<\/p>\n\n\n\n<p><strong>2) What is Capitalization of Reserve?<\/strong><\/p>\n\n\n\n<p>Answer: It means the conversion of reserve of any type \u2013 capital or revenue \u2013 into share capital. The typical methods are issue of fully paid bonus shares and conversion of partly paid shares into fully paid shares by utilizing reserves.<\/p>\n\n\n\n<p><strong>3) What is Dividend?<\/strong><\/p>\n\n\n\n<p>Answer: Dividend is a part of profit paid to the shareholders as a return on investment.<\/p>\n\n\n\n<p><strong>4) Who recommends the rate of dividend?<\/strong><\/p>\n\n\n\n<p>Answer: Board of Directors recommends the rate of dividend.<\/p>\n\n\n\n<p><strong>5) Which type of shareholders enjoy the benefit of Bonus Shares?<\/strong><\/p>\n\n\n\n<p>Answer: Equity shareholders enjoy the benefit of Bonus Shares. <\/p>\n\n\n\n<p><strong>6) What is meant by payment of dividend electronically?<\/strong><\/p>\n\n\n\n<p>Answer: Payment of dividend electronically means transferring dividend directly into the account of shareholders through electronic mode like ECS or NEFT.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q1_I_Correct_the_underlined_words_and_rewrite_the_following_sentences\"><\/span>Q.1 I) Correct the underlined word\/s and rewrite the following sentences.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1) Dividend is recommended by <strong><span style=\"text-decoration: underline;\">shareholders<\/span><\/strong>.<br><strong>Answer: Board of Directors<\/strong><\/p>\n\n\n\n<p>2) The person who purchases shares of the company is called <strong><span style=\"text-decoration: underline;\">Depositor<\/span><\/strong>.<br><strong>Answer: Shareholders<\/strong><\/p>\n\n\n\n<p>3) Bonus shares are issued as a free gift to the <strong><span style=\"text-decoration: underline;\">preference<\/span><\/strong> shareholders.<br><strong>Answer: Existing Equity.<\/strong><\/p>\n\n\n\n<p>4) Payment of dividend must be made within <strong><span style=\"text-decoration: underline;\">21<\/span><\/strong> days of its declaration.<br><strong>Answer: 30<\/strong><\/p>\n\n\n\n<p>5) A company must issue the Share Certificate within <strong><span style=\"text-decoration: underline;\">three<\/span><\/strong> months of allotment of shares.<br><strong>Answer: Two<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q1_J_Arrange_in_proper_order\"><\/span>Q.1 J) Arrange in proper order<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1)<br>a) Allotment of shares<br>b) Application for shares<br>c) Share certificate<br><strong>Answer: (b) Application for shares  (a) Allotment of shares  (c) Share certificate<\/strong><\/p>\n\n\n\n<p>2) <br>a) Member<br>b) Applicant<br>c) Bonus Shares<br><strong>Answer: (b) Applicant  (a) Member  (c) Bonus Shares<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q2_Explain_the_following_termsconcepts\"><\/span>Q.2 Explain the following terms\/concepts.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">1) Capitalisation of Reserves<\/mark><\/strong><\/p>\n\n\n\n<p><strong>Answer:<\/strong> a) It means the conversion of reserve of any type \u2013 capital or revenue \u2013 into share capital. The typical methods are issue of fully paid bonus shares and conversion of partly paid shares into fully paid shares by utilizing reserves.&nbsp; <\/p>\n\n\n\n<p>b) The shareholders can gain from the capitalization of reserves only if the rate of dividends is not proportionately reduced. Capitalization of reserves is generally resorted to by a company that has built up substantial reserves. <\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>2) <a href=\"https:\/\/economictimes.indiatimes.com\/definition\/bonus-share\" data-type=\"URL\" data-id=\"https:\/\/economictimes.indiatimes.com\/definition\/bonus-share\" target=\"_blank\" rel=\"noreferrer noopener\">Bonus Shares<\/a><\/strong><\/mark><br><strong>Answer: <\/strong>a) Bonus Shares are fully paid up shares given by a company as a gift, out of its accumulated profits or reserves to existing equity shareholders in proportion of shares held by them. <br>b) It is given free of cost.<\/p>\n\n\n\n<p>c) Bonus shares are additional shares given to the current shareholders without any additional cost, based upon the number of shares that a shareholder owns. These are company&#8217;s accumulated earnings which are not given out in the form of dividends, but are converted into free shares.<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">3) <strong>Dividend Warrant<\/strong><\/mark><\/strong><\/p>\n\n\n\n<p><strong>Answer:<\/strong> a) A document that shows that a shareholder is entitled to a dividend. Or an order of payment in which a dividend is paid. The company pays dividend to its shareholder in a document form known as dividend warrant. <\/p>\n\n\n\n<p>b) It is an order issued by a company and drawn upon its banker in favour of its shareholders for payment of dividend due to them. It is more like an instrument by which a company pays dividend back to its investors which is more like the form of a cheque. <\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q3_Answer_in_brief\"><\/span>Q.3 Answer in brief.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">1) Which precautions are to be taken by the Secretary while corresponding with members?<\/mark><\/strong><\/p>\n\n\n\n<p><strong>Answer:<\/strong> The following precautions are to be taken by the Secretary while corresponding with members.<\/p>\n\n\n\n<p><strong>1) Correct Information:<\/strong><\/p>\n\n\n\n<p>The Secretary should always provide correct, up-to-date and factual information to the Members. Due care should be taken while giving facts and figures.<\/p>\n\n\n\n<p><strong>2) Lucid Language:<\/strong><\/p>\n\n\n\n<p>The Secretary must use simple words, and simple sentences and adopt a convincing style while writing letters to the Members. Technical words, long sentences should be avoided in the letter. It should be easy to understand.<\/p>\n\n\n\n<p><strong>3) Prompt Response:<\/strong><\/p>\n\n\n\n<p>The Secretary must be prompt in sending replies to the letters received from the Members. Any questions or queries raised by the members must be promptly replied by the Secretary. Complaint letters should be promptly attended to without any delay.<\/p>\n\n\n\n<p><strong>4) Secrecy:<\/strong><\/p>\n\n\n\n<p>The Secretary should not disclose any confidential information of the company to the Members. The Secretary should tactfully answer some letters without giving any secret information of the company.<\/p>\n\n\n\n<p><strong>5) Politeness:<\/strong><\/p>\n\n\n\n<p>A courteous letter shows sympathy, respect and mutual understanding. Politeness means use of courteous language. A complaint letter should be replied politely. Rude language should be strictly avoided while corresponding with Members.<\/p>\n\n\n\n<p><strong>6) Legal matters:<\/strong><\/p>\n\n\n\n<p>The Secretary should compulsorily follow relevant provisions of the Companies Act, 2013 with latest amendments and other relevant laws while corresponding with Members. While drafting these letters, if necessary Secretary should consult with legal advisor on certain matters.<\/p>\n\n\n\n<p><strong>7) Consideration:<\/strong><\/p>\n\n\n\n<p>The writer should due the importance and consideration to the reader and consider the problems of the member. While sending negative replies, he should draft these letters more carefully, so that Members should not be hurt.<\/p>\n\n\n\n<p><strong>8) Image of the Company:<\/strong><\/p>\n\n\n\n<p>The Secretary should try to project good image of the company in every situation. While drafting the letters, Secretary has to try his best to remove their doubts, queries and difficulties in a polite and courteous manner.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>2) What are the circumstances under which Secretary undertakes correspondence with members?<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong> The following are the few circumstances under which the Secretary enters into correspondence<br>with the members of the company.<\/p>\n\n\n\n<p>1) Letter for the issue of Share Certificate<br>2) Letter for Payment of Dividend through<br>    a) Dividend Warrant<br>    b) Electronic Payment of Dividend<br>3) Letter for issue of Bonus Shares<br>4) Reply letter to the query of the member on low rate of dividend.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q4_Justify_the_following_statements\"><\/span>Q.4 Justify the following statements.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>1) The Company Secretary should take certain precautions while corresponding with members.<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong> The following precautions are to be taken by the Secretary while corresponding with members.<\/p>\n\n\n\n<p><strong>1) Correct Information:<\/strong><\/p>\n\n\n\n<p>The Secretary should always provide correct, up-to-date and factual information to the Members. Due care should be taken while giving facts and figures.<\/p>\n\n\n\n<p><strong>2) Lucid Language:<\/strong><\/p>\n\n\n\n<p>The Secretary must use simple words, simple sentences and adopt convincing style while writing letters to the Members. Technical words, long sentences should be avoided in the letter. It should be easy to understand.<\/p>\n\n\n\n<p><strong>3) Prompt Response:<\/strong><\/p>\n\n\n\n<p>The Secretary must be prompt in sending replies to the letters received from the Members. Any questions or queries raised by the members must be promptly replied by the Secretary. Complaint letters should be promptly attended to without any delay.<\/p>\n\n\n\n<p><strong>4) Secrecy:<\/strong><\/p>\n\n\n\n<p>The Secretary should not disclose any confidential information of the company to the Members. The Secretary should tactfully answer some letters without giving any secret information of the company.<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">2) There are certain circumstances when a Secretary has to correspond with members.<\/mark><\/strong><\/p>\n\n\n\n<p><strong>Answer:<\/strong> The following are the few circumstances under which the Secretary enters into correspondence<br>with the members of the company.<\/p>\n\n\n\n<p>1) Letter for issue of Share Certificate<br>2) Letter for Payment of Dividend through<br>    a) Dividend Warrant<br>    b) Electronic Payment of Dividend<br>3) Letter for issue of Bonus Shares<br>4) Reply letter to the query of the member on low rate of dividend.<br>Thus, there are certain circumstances when a Secretary has to correspond with members<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q5_Answer_the_following\"><\/span>Q.5 Answer the following<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>1) Write a letter to the shareholder regarding issue of Bonus Shares.<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong> For the answer refer to <strong>page no. 99<\/strong> of Textbook.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>2) Write a letter to the member for the issue of Share Certificate.<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong> For the answer refer to <strong>page no. 95<\/strong> of Textbook.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>3) Write letter to the member for the payment of dividend through Dividend Warrant.<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong> For the answer refer to <strong>page no. 96 &amp; 97<\/strong> of Textbook.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>4) Write a letter to the member for the payment of Interim dividend electronically.<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong> For the answer refer to <strong>page no. 97 &amp; 98<\/strong> of Textbook.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>5) Draft a reply letter resolving the query of the member on low rate of dividend.<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong> For the answer refer to <strong>page no. 100<\/strong> of Textbook.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-notes\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-notes\/\" target=\"_blank\" rel=\"noreferrer noopener\">Balbharti Textbook Solutions for other subjects<\/a><br><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions\/\">Solution of all Chapters of SP<br><\/a> <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-chapter-1\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-chapter-1\/\" target=\"_blank\" rel=\"noreferrer noopener\">1<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions-chapter-2\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions-chapter-2\/\" target=\"_blank\" rel=\"noreferrer noopener\">2<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-3-solutions\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-3-solutions\/\" target=\"_blank\" rel=\"noreferrer noopener\">3<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-4-exercise\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-4-exercise\/\" target=\"_blank\" rel=\"noreferrer noopener\">4<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-5-exercise-deposits\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-5-exercise-deposits\/\" target=\"_blank\" rel=\"noreferrer noopener\">5<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">6<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-7-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-7-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">7<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-8-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-8-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">8<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-9-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-9-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">9<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-10-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-10-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">10<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-11-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-11-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">11<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-12-solutions\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-12-solutions\/\" target=\"_blank\" rel=\"noreferrer noopener\">12<\/a><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"12th_Commerce_SP_Textbook_Solution\"><\/span>12th Commerce SP Textbook Solution<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Chapter Name <\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-chapter-1\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-chapter-1\/\">1) Introduction to Corporate Finance<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions-chapter-2\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions-chapter-2\/\">2) Sources of Corporate Finance<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-3-solutions\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-3-solutions\/\">3) Issue of Shares<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-4-exercise\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-4-exercise\/\">4) Issue of Debentures<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-5-exercise-deposits\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-5-exercise-deposits\/\">5) Deposits<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/\">6) Correspondence with Members<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-7-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-7-solution\/\">7) Correspondence with Debentureholders<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-8-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-8-solution\/\">8) Correspondence with Depositors<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-9-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-9-solution\/\">9) Depository System<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-10-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-10-solution\/\">10) Dividend Interest<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-11-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-11-solution\/\">11) Financial Market<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-12-solutions\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-12-solutions\/\">12) Stock Exchange<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"Check_out_other_posts_related_to_the_12th_Commerce\"><\/span>Check out other posts related to the 12th Commerce<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.youtube.com\/@Scholarszilla\" data-type=\"link\" data-id=\"https:\/\/www.youtube.com\/@Scholarszilla\" target=\"_blank\" rel=\"noopener\">12th Commerce Video Lectures<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-notes\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-notes\/\">Textbook Solutions of 12th Commerce (All Subjects)<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/ebalbharti-12th-books-pdf\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/ebalbharti-12th-books-pdf\/\"> Free PDF of 12th Commerce Textbooks <\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/hsc-it-online-exam\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/hsc-it-online-exam\/\">12th Commerce IT MCQ Preparation (Online Test)<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/new-paper-pattern-of-12th-commerce\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/new-paper-pattern-of-12th-commerce\/\"> Free PDF of 12th Commerce Textbooks <\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/sample-question-paper-for-12th-commerce\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/sample-question-paper-for-12th-commerce\/\">Sample Paper of 12th Commerce for Practice PDF<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-navneet-practice-papers-pdf\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-navneet-practice-papers-pdf\/\">PDF of Solved Sample papers of 12th Commerce to improve Paper Presentation<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/hsc-previous-year-question-paper\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/hsc-previous-year-question-paper\/\">Old Question Papers of 12th Commerce with solution (All Subjects)<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><br><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":7109,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[2968],"class_list":["post-7014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hsc-maharashtra-board","tag-12th-sp-chapter-6-solution"],"_links":{"self":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/7014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/comments?post=7014"}],"version-history":[{"count":9,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/7014\/revisions"}],"predecessor-version":[{"id":39470,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/7014\/revisions\/39470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/media\/7109"}],"wp:attachment":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/media?parent=7014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/categories?post=7014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/tags?post=7014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}