Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans BG Ltd. forfeited 2,000 Equity Shares of ₹ 100 each, issued at a premium of ₹ 50 per share, held by Ram for non-payment of the final call of ₹ 30 per share 17 viewsAnurag Pathak Answered question 16 hours agoAccounting For Share Capital 0 Votes 1 Ans Star Plus Ltd has an authorised capital of ₹ 4,00,000 divided into shares of ₹ 20 each, the whole of which is issued and subscribed at a premium of ₹ 2 per share. The amount was payable as follows 17 viewsAnurag Pathak Answered question 16 hours agoAccounting For Share Capital 0 Votes 1 Ans Sunflower Ltd. forfeited 400 shares of ₹ 100 each issued at a premium of ₹ 10 per share on which allotment money of ₹ 50 per share (including premium) and first call of ₹ 20 per share were not received 12 viewsAnurag Pathak Answered question 17 hours agoAccounting For Share Capital 0 Votes 1 Ans Smile Ltd was formed for the purpose of purchasing business for ₹ 2,00,000, divided into 2,000 Equity Shares of ₹ 100 each. 1,000 shares were issued as fully paid to the vendors in part payment of the purchase consideration 11 viewsAnurag Pathak Answered question 17 hours agoAccounting For Share Capital 0 Votes 1 Ans Vivaan Ltd. issued a prospectus inviting applications for 50,000 shares of ₹ 100 each. These shares were issued at par on the following terms: 12 viewsAnurag Pathak Answered question 18 hours agoAccounting For Share Capital 0 Votes 1 Ans Newtown Ltd. issued for subscription 1,35,000 Equity Shares of ₹ 10 each to the public at a premium of 10% on the following terms: 20 viewsAnurag Pathak Answered question 22 hours agoAccounting For Share Capital 0 Votes 1 Ans Moti Ltd. issued a prospectus inviting applications for 30,000 shares of ₹ 10 each at a premium of ₹ 2 per share payable as ₹ 2 on application, ₹ 5 (including premium on Allotment, ₹ 3 on first call and balance on second and final call 20 viewsAnurag Pathak Answered question 22 hours agoAccounting For Share Capital 0 Votes 1 Ans Sagar Ltd. issued a prospectus inviting applications for 30,000 shares of ₹ 10 each at a premium of ₹ 2 per share payable as ₹ 2 on application, ₹ 5 (including premium on Allotment, ₹ 3 on first call and balance on second and final call 410 viewsAnurag Pathak Changed status to publish 22 hours ago[ISC] Accounting for Share Capital 0 Votes 1 Ans Cloud Ltd. issued 40,000 shares of ₹ 10 each payable as follows: On application ₹ 6 and balance on allotment 19 viewsAnurag Pathak Answered question 22 hours agoAccounting For Share Capital 0 Votes 1 Ans Lovely Ltd. issued 40,000 shares of ₹ 10 each payable as follows On application ₹ 6 and balance on allotment 506 viewsAnurag Pathak Changed status to publish 22 hours ago[ISC] Accounting for Share Capital 0 Votes 1 Ans Sakshi Ltd. issued 20,000 Equity Shares of ₹ 10 each payable as ₹ 3 on application, ₹ 3 on allotment and ₹ 4 on call. The issue was oversubscribed to the extent of 15,000 shares, and the allotment was made as follows: 20 viewsAnurag Pathak Answered question 22 hours agoAccounting For Share Capital 0 Votes 1 Ans Bee Cee Ltd. was registered with a capital of ₹ 10,00,000 divided into 20,000 shares of ₹ 50 each. The company issued for subscription 10,000 shares payable ₹ 10 per share on application, ₹ 10 per share on allotment 17 viewsAnurag Pathak Answered question 23 hours agoAccounting For Share Capital 0 Votes 1 Ans Anand Ltd. invited applications for 75,000 Equity Shares of ₹ 100 each on the following terms: On application ₹ 30 On Allotment ₹ 20 16 viewsAnurag Pathak Answered question 23 hours agoAccounting For Share Capital 0 Votes 1 Ans Surya Ltd. issued for subscription 25,000 Equity Shares of ₹ 10 each payable as follows: On application ₹ 3; on allotment ₹ 3; on first and final call ₹ 4 (three months after allotment) 23 viewsAnurag Pathak Answered question 23 hours agoAccounting For Share Capital 0 Votes 1 Ans Mohan, the holder of 100 shares, paid his second call of ₹ 10 along with the share first call money of ₹ 20 on 1st May, 2023. The second call was made by the company on 1st August, 2022 20 viewsAnurag Pathak Answered question 24 hours agoAccounting For Share Capital 0 Votes 1 Ans Shivani, the holder of 200 shares, paid her arrears in respect of shares first call of ₹ 25 on 1st August, 2023, the due date of call being 1st May, 2023 23 viewsAnurag Pathak Answered question 24 hours agoAccounting For Share Capital 0 Votes 1 Ans Newbie Ltd. issued 8,000 Equity Shares of ₹ 100 each. ₹ 50 per share was called, payable ₹ 20 on application, ₹ 10 on allotment, ₹ 10 on the first call and ₹ 10 on the second call 14 viewsAnurag Pathak Changed status to publish 2 days agoAccounting For Share Capital 0 Votes 1 Ans Heights Ltd., issued 60,000 shares of ₹ 10 each at a premium of ₹ 2 per share payable as ₹ 3 on application, ₹ 5 (including premium) on allotment and the balance on first and final call 27 viewsAnurag Pathak Answered question 2 days agoAccounting For Share Capital 0 Votes 1 Ans Moonlight Ltd. issued 50,000 Equity Shares of ₹ 10 each for subscription payable ₹ 3 on application ₹ 3 on allotment and balance on first and final call 31 viewsAnurag Pathak Answered question 2 days agoAccounting For Share Capital 0 Votes 1 Ans Ashu Ltd. issued 1,00,000 Equity Shares of ₹ 10 each payable ₹ 3 on application, ₹ 3 on allotment, ₹ 2 on first call and ₹ 2 on final call. All the shares were subscribed 19 viewsAnurag Pathak Answered question 2 days agoAccounting For Share Capital 0 Votes 1 Ans Cola Ltd was registered with an authorised capital of ₹ 25,00,000 divided into 2,50,000 Equity Shares of ₹ 10 each. Anil promoted the company and value of his services was established at ₹ 50,000 to be paid by issue of equity shares at par 27 viewsAnurag Pathak Changed status to publish 2 days agoAccounting For Share Capital 0 Votes 1 Ans Artex Ltd. is registered with an Authorised Share Capital of ₹ 20,00,000 divided into 2,00,000 Equity Shares of ₹ 10 each. Out of these, 40,000 Equity Shares were issued to a vendor as fully paid 27 viewsAnurag Pathak Changed status to publish 2 days agoAccounting For Share Capital 0 Votes 1 Ans Sagar Ltd. issued for subscription 10,000 shares of ₹ 100 each at a premium of ₹ 20 per share payable as follows: ₹ 10 per share on application 31 viewsAnurag Pathak Changed status to publish 2 days agoAccounting For Share Capital 0 Votes 1 Ans Linux Ltd. has authorised capital of ₹ 10,00,000 divided into shares of ₹ 10 each. It offered 40,000 shares on the following terms: 27 viewsAnurag Pathak Changed status to publish 2 days agoAccounting For Share Capital 0 Votes 1 Ans Starplus Ltd. was registered with an authorised capital of ₹ 10,00,00,000 divided into 7,50,000 Equity shares of ₹ 100 each and 2,50,000; 9% Preference Shares of ₹ 100 each 31 viewsAnurag Pathak Changed status to publish 2 days agoAccounting For Share Capital 1 2 … 153 154 Question and answer is powered by anspress.net
