🌱
Level 1
Basic Concepts
Share capital types, issue at par/premium, application process, calls, journal entries basics
25 Questions15 per attempt
🔒
⚖️
Level 2
Intermediate
Pro-rata allotment, calls-in-arrears/advance, forfeiture at par and premium, numericals
25 Questions15 per attempt
Score 80% in Level 1 to unlock
🔒
🏆
Level 3
Advanced
Re-issue of forfeited shares, Capital Reserve calculation, complex pro-rata, preference share forfeiture
25 Questions15 per attempt
Score 80% in Level 2 to unlock