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Sangita Limited invited applications for issuing 60,000 shares of ₹ 10 each at par. The amount was payable as follows: on application ₹ 2 per share; on allotment ₹ 3 per share; on first and final call ₹ 5 per share
7.21K viewsAnurag Pathak Changed status to publish [CBSE] TS Grewal SolutionsAccounting For Share Capital
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Alpha Ltd. issued 20,000 Equity Shares of ₹ 10 each at par payable: On Application ₹ 2 per share; on allotment ₹ 3 per share; on first call ₹ 3 per share; on second and final call ₹ 2 per share.
5.17K viewsAnurag Pathak Changed status to publish [CBSE] TS Grewal SolutionsAccounting For Share Capital
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The authorised capital of Sarang Ltd. is ₹ 1,20,00,000 divided into 12,00,000 shares of ₹ 10 each. Out of these, company issued 8,00,000 shares of ₹ 10 each at a premium of 20%. The amount per share was payable as follows:
6.68K viewsAnurag Pathak Changed status to publish [CBSE] TS Grewal SolutionsAccounting For Share Capital
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Sony Media Ltd. issued 50,000 shares of ₹ 10 each payable ₹ 3 on application, ₹ 4 on allotment and balance on first and final call. Applications were received for 1,00,000 shares and allotment was made as follows:
6.44K viewsAnurag Pathak Changed status to publish [CBSE] TS Grewal SolutionsAccounting For Share Capital
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