Category [CBSE] TS Grewal Solutions [CBSE] TS Grewal Solutions 804 Questions 11 Sub Categories[CBSE] Admission of Partner(141)[CBSE] Comparative and Common Size Statement(27)[CBSE] Death of Partner(41)[CBSE] Dissolution of Partner(55)[CBSE] Fundamentals of Partnership Firm(241)[CBSE] Issue of Debenture(58) Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans Kwality Hospitality Ltd. incorporated with authorised capital of ₹ 1,00,000 equity shares of ₹ 10 each, issued 50,000 equity shares for subscription payable ₹ 4 on application, ₹ 3 on allotment and balance as first and final call 4.98K viewsAnurag Pathak Changed status to publish September 7, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans ‘Venus Ltd.’ was registered with an authorised capital of ₹ 40,00,000 divided into 4,00,000 equity shares of ₹ 10 each. 70,000 of these shares were reissued as fully paid to ‘M/s Star Ltd.’ for building purchased from them 5.68K viewsAnurag Pathak Changed status to publish September 7, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Slow & Steady Ltd. invited applications for 10,000 Equity Shares of ₹ 10 each for public subscriptions. The amount of these shares was payable as: 4.82K viewsAnurag Pathak Changed status to publish September 7, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Software Ltd. company with registered capital of ₹ 5,00,000 in shares of ₹ 10 each issued 20,000 of such shares payable ₹ 2 on application, ₹ 4 on allotment, ₹ 2 on final call 4.56K viewsAnurag Pathak Changed status to publish September 7, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Jain Ltd. invited applications for issuing 1,12,000 equity shares of ₹ 10 each at par. The amount per share was payable as follows: 6.52K viewsAnurag Pathak Changed status to publish September 7, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Ram, Manohar and Joshi were partners in a firm. Manohar retired and his claim including his capital and share of goodwill was ₹ 1,80,000 6.02K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Basak Ltd. forfeited 20 shares of ₹ 10 each, ₹ 7 called-up on which the shareholders had paid application and allotment money of ₹ 5 per share 5.35K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Sunita holds 200 shares of ₹ 10 each on which she has paid ₹ 1 and ₹ 2 per share on application and allotment respectively. 2.87K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Give necessary Journal entries: (i) The Directors of Devendra Ltd. resolved on 1st January, 2010 that 100 Equity Shares of ₹ 10 each, ₹ 8 paid-up forfeited for non-payment of final call of ₹ 2 5.37K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Super Star Ltd. makes an issue of 10,000 Equity Shares of ₹ 100 each, payable as: 4.55K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Star Ltd. forfeited 500 Equity Shares of ₹ 100 each for non-payment of first call of ₹ 30 per share 4.90K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans The Hindustan Manufacturing Ltd. has a total subscribed capital of ₹ 10,00,000 in Equity Shares of ₹ 10 each of which ₹ 7,50 were called-up 5.23K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans R.P Ltd forfeited 1,500 shares of Rahim of ₹ 10 each issued at a premium of ₹ 3 per share for non-payment of allotment and first call money 8.73K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Sunshine Industries Ltd. issued 20,000 shares of ₹ 100 each payable ₹ 25 per share on application, ₹ 25 per share on allotment and the balance in two call of ₹ 25 each 5.20K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans The Directors of Maharashtra Ltd. resolved on 1st May, 2020 that 2,000 Equity Shares of ₹ 10 each, ₹ 7.50 paid be forfeited for non-payment of final call of ₹ 2.50 5.08K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans On 1st May, 2022, Moneyplus Ltd. forfeited 200 shares of ₹ 20 each, ₹ 15 per share called-up, on which ₹ 10 per share has been paid by A, the amount of the first call of ₹ 5 per share being unpaid 5.86K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Alfa Ltd. forfeited 900 Equity Shares of ₹ 100 each for the non-payment of allotment money of ₹ 30 per share and the first call of ₹ 20 per share 5.57K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Z Ltd. issued 10,000 shares of the value of ₹ 10 each, payable ₹ 3 on application, ₹ 3 on allotment and ₹ 4 on the first and final call 4.98K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans What amount of gain on reissue will be transferred to Capital Reserve under following situations? (i) 3,000 shares of ₹ 10 each of Rakesh were 4.63K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Determine the maximum permissible discount and minimum reissue price that a company can allow at the time of reissue of forfeited shares in the following cases 4.91K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Black Stone Ltd. issued 10,000 Equity Shares of ₹ 10 each at a premium of ₹ 3 per share payable ₹ 5 on application, ₹ 5 (including premium) on allotment and the balance on first call 4.35K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Ankit Ltd issued 20,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share, payable as: 4.64K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Ratan Ltd forfeited 3,000 shares of ₹ 10 each (issued at ₹ 2 premium) for non-payament of first call of ₹ 2 per share 5.97K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans 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 6.38K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans 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. 4.66K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital « Previous 1 2 … 11 12 13 14 15 … 42 43 Next » Question and answer is powered by anspress.net
