Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans W Ltd. issued 10,000 shares of ₹ 100 each. During the year only ₹ 80 were called payable as follows On Application ₹ 25 On Allotment ₹ 20 97 viewsAnurag Pathak Answered question October 20, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Nilgiri Tea Ltd. invited applications from the public for the issue of 1,00,000 Equity Shares of ₹ 20 each payable as: ₹ 5 on Application ₹ 7 on Allotment 88 viewsAnurag Pathak Edited answer October 20, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Z Ltd. was registered with an authorised capital of ₹ 10,00,000 divided into 10,000 shares of ₹ 100 each. The company offered 5,000 of these shares to the public, which were payable ₹ 25 per share on application 129 viewsAnurag Pathak Answered question October 17, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Fast Food Ltd. issued a prospectus offering 10,000 equity shares of ₹ 50 each at par payable as follows: On Application ₹ 15 On Allotment ₹ 10 105 viewsAnurag Pathak Answered question October 17, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Dinesh Ltd issued 5,000 shares of ₹ 100 each at par, payable as follows: On Application ₹ 25 On Allotment ₹ 25 On First Call ₹ 20 119 viewsAnurag Pathak Answered question October 17, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Alfa Ltd. issued 5,000 shares of ₹ 100 each at par. The amount payable was as under: ₹ 25 on application; ₹ 25 on allotment; 113 viewsAnurag Pathak Answered question October 17, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans X Ltd. was registered with an authorised capital of 2,00,000 shares of ₹ 10 each. It purchased assets of Y Ltd. for ₹ 3,00,000 and issued fully paid shares for purchase consideration 133 viewsAnurag Pathak Answered question October 17, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans On October 1, 2023 X Ltd. offered 1,00,000 shares of ₹ 10 each payable as follows: On Application ₹ 3 per share On Allotment ( November 1, 2023) ₹ 2 per share 118 viewsAnurag Pathak Answered question October 17, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans A Company invited applications for 5,000 shares of ₹ 100 each. The amount is payable as follows: On Applications ₹ 20 per share On Allotment ₹ 30 per share 152 viewsAnurag Pathak Answered question October 14, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans X Ltd. issued shares for ₹ 20,00,000 divided into shares of ₹ 10 each at a premium of ₹ 5 per share, payable as under: 171 viewsAnurag Pathak Answered question October 14, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Govind Ltd., issued a prospectus inviting applications for 20,000 shares of ₹ 10 each at a premium of ₹ 3 per share, payable as to ₹ 4 on application; ₹ 5 on allotment (including premium); ₹ 2 on First Call; and ₹ 2 on Final call 155 viewsAnurag Pathak Answered question October 14, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Jyoti Power Ltd. decided to issue 8,50,000 equity shares of ₹ 10 each at a premium of ₹ 3 per share. The whole amount was payable on application 170 viewsAnurag Pathak Answered question October 14, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans A limited Company was registered with a capital of ₹ 5,00,000 in shares of ₹ 10 each and issued 20,000 such shares at a premium of ₹ 2 per share, payable as ₹ 3 per share on application 140 viewsAnurag Pathak Changed status to publish October 12, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Saraswati Ltd. has an authorised capital of ₹ 10,00,000 divided into equity shares of ₹ 10 each. Subscribed and fully paid up share capital of the company was ₹ 4,00,000 144 viewsAnurag Pathak Answered question October 12, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans On 28-2-2023 the first call of ₹ 2 per share became due on 50,000 equity shares allotted by Kumar Ltd. Komal, a holder of 1,000 shares, did not pay the first call money 141 viewsAnurag Pathak Answered question October 12, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans On 1st February 2024, Raj Ltd. received in advance the first call of ₹ 25 per share on 4,000 equity shares. The first call was due on 31st March, 2024. Journalise the above transactions 161 viewsAnurag Pathak Answered question October 12, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans A, B and C are partners sharing profits and losses in the ratio of 2 : 2 : 1. C decided to retire and on this date goodwill of the firm is valued at ₹ 2,00,000 143 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q and R are equal partners. Goodwill is appearing in their books at ₹ 4,00,000. R retires and on the day of R’s retirement Goodwill is valued at ₹ 2,50,000 133 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are sharing profits in the ratio of 4 : 3 : 2. Goodwill is appearing in the books at a value of ₹ 42,000. C retires and on the day of C’s retirement Goodwill is valued at ₹ 63,000 138 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Ashok, Rakesh and Mukesh were partners sharing profits and losses in the ratio of 2 : 2 : 1. On 1st April, 2023, their goodwill was valued at ₹ 3,00,000, there being no account for it in the books 136 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans L, M and N are three partners sharing profits in the ratio of 4 : 3 : 2 respectively. M retires and the goodwill is valued at ₹ 1,08,000. No goodwill account appears as yet in the books of the firm 152 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are partners sharing profits in the ratio of 5 : 4 : 3. X retires from the firm and it is decided that new profit sharing ratio between Y and Z will be same as existing between X and Y 139 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A and B were partners sharing profits in the ratio of 5 : 3. On 1st April, 2021 they admitted C as a new partner for 1/4th share which he acquired from A and B in the ratio of 3 : 2 157 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q, R and S were partners sharing profits in the ratio of 2 : 3 : 5 : 2. S retires and his share is acquired by Q and R in the ratio of 3 : 2. Calculate new ratio and gaining ratio 149 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are partners sharing profits in the ratio of 1/9 : 1/3 and 5/9. Z retires and surrenders 3/4th of this share in favour of X and remaining in favour of Y 149 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner « Previous 1 2 3 4 5 … 161 162 Next » Question and answer is powered by anspress.net
