Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Modern Ltd. issued a prospectus inviting applications for 2,00,000 shares of ₹ 10 each at a premium of ₹ 6 per share, payable as follows 2.37K viewsAnurag Pathak Answered question November 5, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans SK Ltd. invited applications for issuing 3,20,000 equity shares of ₹ 10 each at a premium of ₹ 5 per share. The amount was payable as follows 2.30K viewsAnurag Pathak Changed status to publish November 4, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Hindustan Steel Ltd. invited applications for 50,000 equity shares of ₹ 10 each at a premium of ₹ 4 per share. The amount was payable as follows On Application ₹ 4 (including premium ₹ 2) 2.27K viewsAnurag Pathak Answered question November 3, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans A company issued for public subscription 40,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share payable as under On Application ₹ 3 per share 2.39K viewsAnurag Pathak Answered question November 3, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Suzuki Limited issued a prospectus inviting applications for 60,000 shares of ₹ 10 each at a premium of 30% payable as follows: On Application ₹ 3.50 2.51K viewsAnurag Pathak Answered question November 1, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans A company issued for public subscription 60,000 equity shares of ₹ 10 each at a premium of ₹ 4 per share, payable as under : ₹ 4 on Application; ₹ 5 on Allotment (including premium), ₹ 2.50 on First Call and ₹ 2.50 on Final Call 2.41K viewsAnurag Pathak Answered question October 31, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Amrit Ltd. issued 50,000 shares of ₹ 10 each at a premium of 20% payable as ₹ 3 on application, ₹ 4 on allotment (including premium), ₹ 2 on first call and the remaining on second call 2.28K viewsAnurag Pathak Answered question October 31, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans A company issued 10,000 shares of ₹ 10 each at a premium of ₹ 1 per share, payment to be made as follows: Applications were received for 20,000 shares. Applications for 5,000 shares were rejected 2.54K viewsAnurag Pathak Changed status to publish October 31, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Jay Ltd. issued a prospectus inviting applications for 1,00,000 shares of ₹ 10 each. These shares were issued at par on the following terms: On Application ₹ 2,50 2.65K viewsAnurag Pathak Answered question October 31, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans X Ltd. offered 25,000 shares of ₹ 100 each payable as ₹ 25 on application, ₹ 20 on allotment, ₹ 30 on first call and the balance on final call 2.34K viewsAnurag Pathak Answered question October 30, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 0 Ans X Ltd. offered 25,000 shares of ₹ 100 each payable as ₹ 25 on application, ₹ 20 on allotment, ₹ 30 on first call and the balance on final call 1.86K viewsAnurag Pathak Changed status to publish October 30, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Prayuj Ltd. forfeited 2,000 shares of ₹ 10 each, fully called up, on which they had received only ₹ 14,000. Out of forfeited shares 50 shares were reissued for ₹ 9 per share fully paid up 2.08K viewsAnurag Pathak Answered question October 30, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Journalise the following transactions in the books of Poonam Ltd.: 200 shares of ₹ 10 each issued at a premium of ₹ 5 each payable with allotment were forfeited 1.81K viewsAnurag Pathak Answered question October 30, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans AXN Ltd. invited applications for issuing 1,00,000 equity shares of ₹ 10 each at a premium of ₹ 6 per share. The amount was payable as follows: 2.15K viewsAnurag Pathak Answered question October 30, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans A Co. Ltd. offered to the public 20,000 equity shares of ₹ 100 each at a premium of ₹ 10 per share. The payment was to be as follows: On Application ₹ 30 per share 2.45K viewsAnurag Pathak Changed status to publish October 29, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Hindustan Ltd. issued 20,000 shares of ₹ 20 each at 20% premium. Amount was payable as follows: On Application ₹ 5 On Allotment ₹ 6 1.99K viewsAnurag Pathak Answered question October 28, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Journalise the following: (a) Y Ltd. forfeited 400 shares of ₹ 100 each, issued at a premium of ₹ 5 per share (to be paid at the time of allotment) for non-payment of a first call of ₹ 20 per share 1.99K viewsAnurag Pathak Answered question October 27, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans X Ltd. forfeited 500 shares of ₹ 100 each, ₹ 75 called-up, issued at 10% premium (to be paid at the time of allotment) for non-payment of a first call of ₹ 20 per share 2.16K viewsAnurag Pathak Answered question October 27, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Vikram Ltd. issued 50,000 shares of ₹ 10 each at a premium of ₹ 1 per share payable as follows: ₹ 3 on Application; ₹ 4 on Allotment (including premium) 1.74K viewsAnurag Pathak Answered question October 27, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans X Ltd. issued a prospectus offering 2,00,000 shares of ₹ 10 each at ₹ 14 per share, payable as follows On Application ₹ 4 On Allotment ₹ 6 (including Premium ₹ 4) 1.89K viewsAnurag Pathak Answered question October 27, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Accountancy Publication Ltd. issued 50,000 equity shares of ₹ 10 each at a premium of 10% payable as under: On Application ₹ 3; On Allotment ₹ 4 (Premium ₹ 1) 1.78K viewsAnurag Pathak Answered question October 25, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Paliwal Exports Ltd. with a share capital of ₹ 10,00,000 divided into 20,000 shares of ₹ 50 each offers the shares to the public as under: 1.57K viewsAnurag Pathak Answered question October 25, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Journalise the following A Ltd. forfeited 1,000 shares of ₹ 10 each, ₹ 8 paid, for non-payment of final call of ₹ 2 per share. Out of these, 400 shares were re-issued as fully paid-up in such a way that ₹ 2,000 were transferred to Capital Reserve 1.72K viewsAnurag Pathak Answered question October 23, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Pass journal entries for the forfeiture and re-issue in the following cases: X Ltd forfeited 700 shares of Ashok of ₹ 10 each ₹ 8 called-up, on which he had paid ₹ 5 per share. Out of these, 500 shares were re-issued for ₹ 9 per share as fully paid 1.45K viewsAnurag Pathak Answered question October 23, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Pass Journal entries for the forfeiture and re-issue in the following cases: (i) A Ltd. forfeited 1,000 shares of ₹ 10 each fully called up for non-payment of first call of ₹ 3 per share and final call of ₹ 3 per share 2.00K viewsAnurag Pathak Answered question October 22, 2024Dk Goel Issue of Shares (2024-25) « Previous 1 2 … 15 16 17 18 19 … 175 176 Next » Question and answer is powered by anspress.net
