Questions Ask question Search Order By: ActiveCategoryClear Filter 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 7.56K 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. 9.02K 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 9.03K 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 8.05K 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 7.40K 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 7.60K 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: 10.08K 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 9.81K 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 9.88K 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 9.88K 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: 10.43K 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 10.97K 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: 11.84K 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: 10.16K 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 9.15K 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. 10.48K 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. 8.18K 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: 9.83K 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 12.54K 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 9.87K 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 10.11K viewsAnurag Pathak Changed status to publish August 30, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Authorised Capital of ₹ 16,00,000 of Bharat Ltd. is divided into 1,60,000 Equity Shares of ₹ 10 each 7.81K viewsAnurag Pathak Changed status to publish August 30, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Grand Marketing Ltd. issued 2,50,000 Equity Shares of ₹ 10 each to public at par for subscription, amount being payable as application money 7.39K viewsAnurag Pathak Changed status to publish August 30, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Star Ltd. is registered with capital of ₹ 50,00,000 divided into 50,000 equity shares of ₹ 100 each 8.23K viewsAnurag Pathak Changed status to publish August 30, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Global Trade Ltd. has authorised share capital of ₹ 1,00,00,000 divided into 1,00,000 Equity Shares of ₹ 100 each 10.44K viewsAnurag Pathak Changed status to publish August 30, 2023[CBSE] TS Grewal SolutionsAccounting For Share Capital « Previous 1 2 … 149 150 151 152 153 … 188 189 Next » Search questions Search Questions Sahaj and Nimish entered into partnership on 1st April, 2025 without a partnership deed. They introduced capital of 5,00,000 and 3,00,000 respectively 1 Answer | 0 Votes Taran and Deep are partners sharing the profits and losses in the ratio of 2 : 3 with capitals of ₹ 3,00,000 and ₹ 2,00,000 respectively 1 Answer | 0 Votes Puneet and Sahil are partners sharing profits and losses equally. They had opening credit balance in their Loan Accounts of ₹ 9,00,000 each 1 Answer | 0 Votes Raman and Pawan are partners sharing profits and losses in the ratio of 3 : 2. Raman being a non-working partner contributes ₹ 50,00,000 as capital 1 Answer | 0 Votes Raman and Pawan are partners sharing profits and losses in the ratio of 2 : 3. They had opening credit balance in their Loan Accounts of ₹ 5,00,000 and ₹ 4,00,000 respectively 1 Answer | 0 Votes Bani, Rani, and Mani are partners sharing profits and losses in the ratio of 3 : 2 : 1. Bani and Mani granted loans to the firm on 1st October 2022 of ₹ 2,00,000 and ₹ 3,00,000 respectively 1 Answer | 0 Votes Nirmal and Pawan are partners sharing profits in the ratio of 3 : 2. The firm had given a loan to Pawan of ₹ 5,00,000 on 1st April 1 Answer | 0 Votes Akhil, Sunil, and Parvesh are partners sharing profits in the ratio of 3 : 2 : 1. Sunil had given a loan to the firm on 1st November 2022 of ₹ 4,00,000 1 Answer | 0 Votes Bat and Ball are partners sharing the profits in the ratio of 2 : 3 with capitals of ₹ 1,20,000 and ₹ 60,000 respectively 1 Answer | 0 Votes Akhil and Bimal are partners sharing profits in the ratio of 3 : 2. Akhil gave a loan to the firm of ₹ 1,00,000 on 1st October 2022 1 Answer | 0 Votes Question and answer is powered by anspress.net
