Subscript example sentences
The major sources of their income usually are subscriptions from their members donations, grants-in-aid, income from investments, etc.The authorised capital which is not offered for public subscription is known as 'unissued capital'.The main sources of their income are subscriptions from members, donations, financial assistance from government and income from investments.A company, however, cannot allot more debentures than it has invited for subscription.For example, as shown in Illustration 1, subscription amount of Rs.A company, however, cannot allot more debentures than it has invited for subscription.Unissued capital may be offered for public subscription at a later date.Its symbol is ?fH0, where the subscript ' f ' indicates that one mole of the compound in question has been formed in its standard state from its elements in their most stable states of aggregation.The excess money received on over subscription may, however, be retained for adjustment towards allotment and the respective calls to be made.Some of the common peculiar items are explained as under: Subscriptions: Subscription is a membership fee paid by the member on annual basis.This is to ascertain the amounts of: (a) subscriptions due but not yet received: (b) incomes received in advance; (c) sale of fixed assets made during the year; (d) items to be capitalised (i.e. taken directly to the Balance Sheet) e.g. legacies, interest on specific fund investment and so on.The major sources of their income usually are subscriptions from their members donations, grants-in-aid, income from investments, etc.If minimum subscription has been received, the company may proceed for the allotment of shares after fulfilling certain other legal formalities.It may be noted that Receipt and Payment Account shows the total amount of subscription actually received during the year while the amount shown in Income and Expenditure Account is confined to the figureure related to the current period only irrespective of the fact whether it has been received or not.When minimum subscription has been received and certain legal formalities on the allotment of shares have been duly complied with, the directors of the company proceed to make the allotment of shares.
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