Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Bhushan Lamps Ltd issued 30,000 Fully Paid up shares of ₹ 100 each for purchase of the following assets and liabilities from Sharma & Co.: 3.67K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Sona Ltd purchased machinery costing ₹ 17,00,000 from Mona Ltd. Sona Ltd. paid 20% of the amount by cheque and for 3.50K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Goodluck Ltd purchased machinery costing ₹ 10,00,000 from Fair Deals Ltd The company paid the price by issue 3.66K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Z Ltd. purchased furniture costing ₹ 2,20,000 from C.D Ltd. The payment was to be made by issue of 9% Preference Shares of ₹ 100 each at a premium of ₹ 10 per share 3.57K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans ‘Amrit Dhara Ltd.’ issued 800 Equity Shares of ₹ 100 each at a premium of 25% as Fully Paid-up in consideration of the purchase of plant and machinery of ₹ 1,00,000 3.35K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans 2,000 Equity Shares of ₹ 10 each were issued to Moon Limited from whom assets of ₹ 25,000 were acquired Pass Journal entry. 4.14K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Random Ltd. took over running business of Mature Ltd. comprising of Assets of ₹ 45,00,000 and Liabilities of ₹ 6,40,000 for a purchase consideration of ₹ 36,00,000 4.00K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Usha Ltd. was formed with a capital of ₹ 10,00,000 divided into shres of ₹ 100 each. It offered 90% shares to public for subscription 3.88K viewsAnurag Pathak Changed status to publish September 3, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Prem Industries Ltd. made the first call of ₹ 2 per share on its 1,00,000 Equity Shares on 1st March, 2021 3.55K viewsAnurag Pathak Changed status to publish September 1, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Ghosh Ltd. made the second and final call on its 50,000 Equity Shares @ ₹ 2 per share on 1st January, 2016 3.06K viewsAnurag Pathak Changed status to publish September 1, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans The authorised capital of Sarang Ltd. is ₹ 1,20,00,000 divided into 12,00,000 shares of ₹ 10 each. Out of these, company issued 8,00,000 shares of ₹ 10 each at a premium of 20%. The amount per share was payable as follows: 4.28K viewsAnurag Pathak Changed status to publish September 1, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Blue Chip Ltd. was registered on 1st January, 2023 with a capital of ₹ 10,00,000 divided into 1,00,000 shares of ₹ 10 each 4.38K viewsAnurag Pathak Changed status to publish September 1, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Home Products Ltd. is registered with authorised capital of ₹ 10,00,000 divided into 1,00,000 Equity Shares of ₹ 10 each 4.56K viewsAnurag Pathak Changed status to publish September 1, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Pure Products Ltd. is registered with authorised capital of ₹ 10,00,000 divided into 1,00,000 equity shares of ₹ 10 each 4.69K viewsAnurag Pathak Changed status to publish September 1, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Sony Media Ltd. issued 50,000 shares of ₹ 10 each payable ₹ 3 on application, ₹ 4 on allotment and balance on first and final call. Applications were received for 1,00,000 shares and allotment was made as follows: 4.18K viewsAnurag Pathak Changed status to publish August 31, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Sugandha 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 4.80K viewsAnurag Pathak Changed status to publish August 31, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Tiny Toys Ltd. issued ₹ 10,00,000 shares of ₹ 100 each at a premium of ₹ 20 for subscription payable as: 5.38K viewsAnurag Pathak Changed status to publish August 31, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Eastern India Company Limited, having an authorised capital of ₹ 10,00,000 divided into shares of ₹ 10 each, issued 50,000 shares at a premium of ₹ 3 per share payable as follows: 4.18K viewsAnurag Pathak Changed status to publish August 31, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Citizen Watches Ltd. invited applications for 50,000 shares of ₹ 10 each payable ₹ 3 on application, ₹ 4 on allotment and balance on first and final call. Applications were received for 60,000 shares 4.04K viewsAnurag Pathak Changed status to publish August 31, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Sangam Marbles Ltd. invited applications for 20,000 Equity Shares of ₹ 100 each issued at par payable on application. The issue was oversubscribed by 5,000 shares and allotment was made on pro rata basis. Pass necessary Journal entries. 4.36K viewsAnurag Pathak Changed status to publish August 31, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Faber Ltd. Invited applications for 70,000 equity shares of ₹ 100 each. The application money received @ ₹ 30 per share was ₹ 27,00,000. Name the kind of subscription. List the three alternatives for allotting these shares. 3.99K viewsAnurag Pathak Changed status to publish August 31, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Authorised capital of Suhani Ltd. is ₹ 45,00,000 divided into 30,000 shares of ₹ 150 each. Out of these company issued 15,000 sahres of ₹ 150 each at a premium of ₹ 10 per share. The amount was payable as follows: 4.22K viewsAnurag Pathak Changed status to publish August 31, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Premio Ltd. issued 50,000 Equity Shares of ₹ 100 each at a premium of ₹ 50 per share, payable as follows: ₹ 100 per share on Application; and Balance on Allotment 5.57K viewsAnurag Pathak Changed status to publish August 31, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Modern Diaries Ltd. was registered with an authorised capital of ₹ 10,00,000 divided into 7,500 Equity Shares of ₹ 100 each and 2,500 Preference Shares of ₹ 100 each each 4.08K viewsAnurag Pathak Changed status to publish August 30, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans National Textiles Ltd. was registered with the authorised capital of ₹ 3,00,000 divided into 3,000 shares of ₹ 100 each, which were offered to the public 4.59K viewsAnurag Pathak Changed status to publish August 30, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital « Previous 1 2 … 121 122 123 124 125 … 161 162 Next » Question and answer is powered by anspress.net
