Foxtail Orchid Ltd. issued 10,000 Equity Shares of ₹ 10 each at a premium of ₹ 2 per share
Solution:-
Commerce School
Student Community
Archives Answers
Answer
Zee Ltd. issued 40,000 Equity Shares of ₹ 10 each at a premium of 10% payable as follows:
Solution:-
Himalaya Ltd. was registered with a nominal capital of ₹ 10,00,000 in shares of ₹ 10 each, 90,000
Solution:-
Buttercup 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
Solution:-
DLF 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
Solution:-
RT Port Ltd was registered with an authorised capital of ₹ 25,00,000 divided into 2,50,000 Equity Shares of ₹ 10 each
Solution:-
Fresh Flowers Ltd. was incorporated with an authorised capital of 1,00,000 Equity Shares of ₹ 10 each
Solution:-
Hollyhock Ltd. is registered with an Authorised Share Capital of ₹ 20,00,000 divided into 2,00,000
Solution:-
Sunshine Ltd. issued 30,000 fully paid-up shares of ₹ 100 each for purchase of the following assets and liabilities from Anil:
Solution:-
Sunflower Ltd. purchased the running business from Bhaskar for ₹ 15,00,000 payable ₹ 12,00,000
Solution:-