Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Arun, Bhim and Nakul are partners in a firm sharing profits in the ratio of 1 : 1 : 3. Their Capital Accounts showed the following balances on 1st April, 2020: 5.77K viewsAnurag Pathak Changed status to publish September 11, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Sukanya Ltd. invited applications for issuing 1,00,000 equity shares of ₹ 10 each. The shares were issued at a premium of ₹ 20 per share 3.84K viewsAnurag Pathak Changed status to publish September 10, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Quality Stationers Ltd. registered with authorised capital of ₹ 20,00,000 divided into 1,00,000 equity shares of ₹ 20 each 4.57K viewsAnurag Pathak Changed status to publish September 9, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans A one Product Ltd. is registered with authorised capital of ₹ 10,00,000 divided into 50,000 Equity Shares of ₹ 20 each 4.91K viewsAnurag Pathak Changed status to publish September 9, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Panasonic Ltd. was formed on 1st April, 2010 with an authorised capital of ₹ 2,00,000, divided into 2,000 Equity Shars of ₹ 100 each 3.95K viewsAnurag Pathak Changed status to publish September 9, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Healthy Foods Ltd. had authorised capital of ₹ 50,00,000, 5,00,000 equity shares of ₹ 10 each issued 3,75,000 equity shares for subscription at a premium of 20% payable ₹ 4 on application, ₹ 5 on allotment and balance as first and final call 3.94K viewsAnurag Pathak Changed status to publish September 9, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Telecom Ltd.; issued 20,000 Equity Shares of ₹ 10 each at a premium of ₹ 5 per share, payable as: ₹ 7 (including premium) on application, ₹ 5 on allotment and the balance after three months of allotment. 4.45K viewsAnurag Pathak Changed status to publish September 9, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Amal had applied for 7,000 shares of ₹ 10 each at a premium of ₹ 5 per share. He was allotted 4,000 shares on pro rata basis 3.98K viewsAnurag Pathak Changed status to publish September 9, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Gaurav applied for 5,000 shares of ₹ 10 each at a premium of 2.50 per share. But he was allotted 2,500 shares on pro rata basis 3.65K viewsAnurag Pathak Changed status to publish September 8, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans JCV Ltd. forfeited 200 shares of ₹ 10 each issued at a premium of ₹ 2 per share for the non-payment of allotment money of ₹ 3 per share (including premium) 3.45K viewsAnurag Pathak Changed status to publish September 8, 2023[CBSE] Death of Partner[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans 150 shares of ₹ 10 each issued at a premium of ₹ 4 per share payable with allotment were forfeited for non-payment of allotment money of ₹ 8 per share including premium 3.55K viewsAnurag Pathak Changed status to publish September 8, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans X Ltd. forfeited 100 shares of ₹ 10 each (₹ 8 called-up) issued at a premium of ₹ 2 per share to Rahul on which he had paid application money of ₹ 5 per share 3.47K viewsAnurag Pathak Changed status to publish September 8, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans The Directors of a company forfeited 300 shares of ₹ 10 each issued at a premium of ₹ 3 per share, for the nonpayment of the first call money of ₹ 2 per share 3.60K viewsAnurag Pathak Changed status to publish September 8, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans NK Ltd. forfeited 200 Equity Shares of ₹ 10 each, issued at a premium of ₹ 5 per share, held by Ram for non-payment of the final call of ₹ 3 per share 4.29K viewsAnurag Pathak Changed status to publish September 8, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans A share of ₹ 100 issued at a premium of ₹ 10 on which ₹ 80 (including premium) was called and ₹ 60 (including premium) was paid, has been forfeited 4.04K viewsAnurag Pathak Changed status to publish September 8, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Grofers Ltd having authorised capital of ₹ 25,00,000, issued 2,00,000 equity shares of ₹ 10 each for subscription payable ₹ 4 on application, ₹ 3 on allotment and balance on first and final call 3.52K viewsAnurag Pathak Changed status to publish September 8, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 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 3.61K 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 4.18K 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: 3.51K 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 3.30K 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: 4.73K 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 4.52K 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 3.87K 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. 2.10K 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 3.89K viewsAnurag Pathak Changed status to publish September 6, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital « Previous 1 2 … 119 120 121 122 123 … 161 162 Next » Question and answer is powered by anspress.net
