Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Anand Ltd. invited applications for 75,000 Equity Shares of ₹ 100 each on the following terms: On application ₹ 30 On Allotment ₹ 20 245 viewsAnurag Pathak Answered question September 13, 2024Accounting For Share Capital 0 Votes 1 Ans Surya Ltd. issued for subscription 25,000 Equity Shares of ₹ 10 each payable as follows: On application ₹ 3; on allotment ₹ 3; on first and final call ₹ 4 (three months after allotment) 230 viewsAnurag Pathak Answered question September 13, 2024Accounting For Share Capital 0 Votes 1 Ans Mohan, the holder of 100 shares, paid his second call of ₹ 10 along with the share first call money of ₹ 20 on 1st May, 2023. The second call was made by the company on 1st August, 2022 212 viewsAnurag Pathak Answered question September 13, 2024Accounting For Share Capital 0 Votes 1 Ans Shivani, the holder of 200 shares, paid her arrears in respect of shares first call of ₹ 25 on 1st August, 2023, the due date of call being 1st May, 2023 225 viewsAnurag Pathak Answered question September 13, 2024Accounting For Share Capital 0 Votes 1 Ans Newbie Ltd. issued 8,000 Equity Shares of ₹ 100 each. ₹ 50 per share was called, payable ₹ 20 on application, ₹ 10 on allotment, ₹ 10 on the first call and ₹ 10 on the second call 222 viewsAnurag Pathak Changed status to publish September 12, 2024Accounting For Share Capital 0 Votes 1 Ans Heights Ltd., issued 60,000 shares of ₹ 10 each at a premium of ₹ 2 per share payable as ₹ 3 on application, ₹ 5 (including premium) on allotment and the balance on first and final call 206 viewsAnurag Pathak Answered question September 12, 2024Accounting For Share Capital 0 Votes 1 Ans Moonlight 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 188 viewsAnurag Pathak Answered question September 12, 2024Accounting For Share Capital 0 Votes 1 Ans Ashu 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. All the shares were subscribed 171 viewsAnurag Pathak Answered question September 12, 2024Accounting For Share Capital 0 Votes 1 Ans Cola Ltd was registered with an authorised capital of ₹ 25,00,000 divided into 2,50,000 Equity Shares of ₹ 10 each. Anil promoted the company and value of his services was established at ₹ 50,000 to be paid by issue of equity shares at par 206 viewsAnurag Pathak Changed status to publish September 12, 2024Accounting For Share Capital 0 Votes 1 Ans Artex Ltd. is registered with an Authorised Share Capital of ₹ 20,00,000 divided into 2,00,000 Equity Shares of ₹ 10 each. Out of these, 40,000 Equity Shares were issued to a vendor as fully paid 297 viewsAnurag Pathak Changed status to publish September 12, 2024Accounting For Share Capital 0 Votes 1 Ans Sagar Ltd. issued for subscription 10,000 shares of ₹ 100 each at a premium of ₹ 20 per share payable as follows: ₹ 10 per share on application 203 viewsAnurag Pathak Changed status to publish September 12, 2024Accounting For Share Capital 0 Votes 1 Ans Linux Ltd. has authorised capital of ₹ 10,00,000 divided into shares of ₹ 10 each. It offered 40,000 shares on the following terms: 267 viewsAnurag Pathak Changed status to publish September 12, 2024Accounting For Share Capital 0 Votes 1 Ans Starplus Ltd. was registered with an authorised capital of ₹ 10,00,00,000 divided into 7,50,000 Equity shares of ₹ 100 each and 2,50,000; 9% Preference Shares of ₹ 100 each 213 viewsAnurag Pathak Changed status to publish September 12, 2024Accounting For Share Capital 0 Votes 1 Ans Linux Ltd. was registered with Authorised Capital of ₹ 20,00,000 divided into 1,00,000 Equity Shares of ₹ 10 each and 10,000; 10% Preference Shares of ₹ 100 each 243 viewsAnurag Pathak Changed status to publish September 12, 2024Accounting For Share Capital 0 Votes 1 Ans Nidhi Ltd. is registered with an authorised capital of ₹ 50,00,000 divided into Equity Shares of ₹ 10 each. The company issued all the shares for public subscription 237 viewsAnurag Pathak Answered question September 12, 2024Accounting For Share Capital 0 Votes 1 Ans Saurab Ltd. issued 2,000; 9% Debentures of ₹ 100 each payable as follows: ₹ 25 on application; ₹ 25 on allotment and ₹ 50 on first and final call. 292 viewsAnurag Pathak Changed status to publish September 9, 2024[CBSE] Issue of Debenture 0 Votes 1 Ans Epson Ltd. issued 40,000; 10% Debentures of ₹ 100 each at par for cash payable in full along with the application. Applications were received for 60,000 debentures 394 viewsAnurag Pathak Answered question September 9, 2024[CBSE] Issue of Debenture 0 Votes 1 Ans Arvind Ltd. issued 20,000 shares of ₹ 10 each at a premium of ₹ 2 per share payable as: On Application ₹ 6 On Allotment ₹ 3 (including premium) 496 viewsAnurag Pathak Changed status to publish September 9, 2024Accounting For Share Capital 0 Votes 1 Ans Swasth Ltd. ‘forfeited 2,000 shares of ₹ 10 each for non-payment of final call of ₹ 3 per share. 1,500 of these shares were reissued and gain on reissue transferred to Capital Reserve was ₹ 7,500 277 viewsAnurag Pathak Answered question September 9, 2024Accounting For Share Capital 0 Votes 1 Ans Ratan Ltd. ‘forfeited 1,000 shares of ₹ 10 each for non-payment of first and final call of ₹ 2 per share. These shares were reissued and gain on reissue transferred to Capital Reserve was ₹ 5,000 294 viewsAnurag Pathak Answered question September 9, 2024Accounting For Share Capital 0 Votes 1 Ans A company forfeited 4,000 shares of ₹ 10 each fully called-up, on which application money of ₹ 3 each has been paid. Out of these, 2,000 shares were reissued as fully paid-up for ₹ 18,000 497 viewsAnurag Pathak Answered question September 9, 2024Accounting For Share Capital 0 Votes 1 Ans Dell Ltd. forfeited 2,000 Equity Shares of ₹ 50 each issued at 10% premium on which allotment money of ₹ 15 per equity share (including premium) and first call of ₹ 15 per share were not received, the second and final call of ₹ 10 per equity share was not yet called 253 viewsAnurag Pathak Answered question September 9, 2024Accounting For Share Capital 0 Votes 1 Ans Computer Mart Ltd. forfeited 1,000 Equity Shares of ₹ 50 each issued at 10% premium on which allotment money of ₹ 15 per equity share (including premium) and first call of ₹ 15 per share were not received the second and final call of ₹ 10 per equity share were not yet called 349 viewsAnurag Pathak Answered question September 9, 2024Accounting For Share Capital 0 Votes 1 Ans Star Ltd. issued 10,000 shares of ₹ 10 each, payable as ₹ 4 on application, ₹ 3 on allotment, ₹ 2 on first call and balance on second and final call. 500 shares were forfeited, Calculate the ‘Maximum Permissible Discount’ and Minimum Reissue Price 308 viewsAnurag Pathak Answered question September 9, 2024Accounting For Share Capital 0 Votes 1 Ans Vani Limited invited applications for issuing 1,00,000 equity shares of ₹ 10 each at a premium of 10%. The amounts were payable as under: 365 viewsAnurag Pathak Changed status to publish September 8, 2024Accounting For Share Capital « Previous 1 2 … 7 8 9 10 11 … 161 162 Next » Question and answer is powered by anspress.net
