Student Community

Pushkar Ltd. invited applications for issuing 5,00,000 equity shares of ₹ 10 each at a premium of ₹ 3 per share. The whole amount was payable on application

114 viewsOctober 9, 2024Dk Goel Issue of Shares (2024-25)

Anurag Pathak28.30K October 9, 2024 0 Comments

Pushkar Ltd. invited applications for issuing 5,00,000 equity shares of ₹ 10 each at a premium of ₹ 3 per share. The whole amount was payable on application. The issue was fully subscribed.

Pass necessary journal entries.

[Ans. Securities Premium Account will be credited by ₹ 15,00,000.]

Anurag Pathak Answered question October 9, 2024

Add a Comment

1 Answer

Anurag Pathak28.30K Posted October 9, 2024 0 Comments

Solution:-

Anurag Pathak Answered question October 9, 2024

Add a Comment

You are viewing 1 out of 1 answers, click here to view all answers.

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8044

Telegram Channel

Telegram Channel

Pushkar Ltd. invited applications for issuing 5,00,000 equity shares of ₹ 10 each at a premium of ₹ 3 per share. The whole amount was payable on application

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions