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KBC Ltd. forfeited 300 shares of ₹ 10 each, ₹ 8 called-up held by Amit for non-payment of second call money of ₹ 3 per share. These shares were reissued to Zoly for ₹ 10 per share as fully paid-up.
4.23K viewsAnurag Pathak Changed status to publish [CBSE] TS Grewal SolutionsAccounting For Share Capital
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Healthy Foods Ltd. had authorised capital of ₹ 50,00,000, 5,00,000 equity shares of ₹ 10 each issued 3,75,000 equity shares for subscription at a premium of 20% payable ₹ 4 on application, ₹ 5 on allotment and balance as first and final call
4.66K viewsAnurag Pathak Changed status to publish [CBSE] TS Grewal SolutionsAccounting For Share Capital
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Telecom Ltd.; issued 20,000 Equity Shares of ₹ 10 each at a premium of ₹ 5 per share, payable as: ₹ 7 (including premium) on application, ₹ 5 on allotment and the balance after three months of allotment.
5.18K viewsAnurag Pathak Changed status to publish [CBSE] TS Grewal SolutionsAccounting For Share Capital
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Grofers Ltd having authorised capital of ₹ 25,00,000, issued 2,00,000 equity shares of ₹ 10 each for subscription payable ₹ 4 on application, ₹ 3 on allotment and balance on first and final call
4.16K viewsAnurag Pathak Changed status to publish [CBSE] TS Grewal SolutionsAccounting For Share Capital
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Kwality Hospitality Ltd. incorporated with authorised capital of ₹ 1,00,000 equity shares of ₹ 10 each, issued 50,000 equity shares for subscription payable ₹ 4 on application, ₹ 3 on allotment and balance as first and final call
4.33K viewsAnurag Pathak Changed status to publish [CBSE] TS Grewal SolutionsAccounting For Share Capital
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‘Venus Ltd.’ was registered with an authorised capital of ₹ 40,00,000 divided into 4,00,000 equity shares of ₹ 10 each. 70,000 of these shares were reissued as fully paid to ‘M/s Star Ltd.’ for building purchased from them
4.94K viewsAnurag Pathak Changed status to publish [CBSE] TS Grewal SolutionsAccounting For Share Capital
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