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Issue of Shares

Home » Class 12 » Accountancy » TS Grewal - Vol 2 » Issue of Shares » Page 3
Posted inAccountancy Class 12 General

Question 98 to 99 (Determination of Amount Realised from Reissue of Shares)

98 :- Ratan Ltd. ‘forfeited 1,000 shares of Rs 10 each for non-payment of first and final call of Rs 2 per share. These shares were reissued and gain on reissue transferred…
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Posted inAccountancy Class 12 General

Swasth Ltd. ‘forfeited 2,000 shares of Rs 10 each

99 :- Swasth Ltd. ‘forfeited 2,000 shares of Rs 10 each for non-payment of final call of Rs 3 per share. 1,500 of these shares were reissued and gain on reissue transferred…
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Posted inAccountancy Class 12 General

Ratan Ltd. ‘forfeited 1,000 shares of Rs 10 each

98 :- Ratan Ltd. ‘forfeited 1,000 shares of Rs 10 each for non-payment of first and final call of Rs 2 per share. These shares were reissued and gain on reissue transferred…
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Posted inAccountancy Class 12 General

Question 28 to 33 (Undersubscription)

28 :- A-one Product Ltd. is registered with authorised capital of Rs 10,00,000 divided into 50,000 equity shares of Rs 20 each. It issued 25,000 Equity Shares for subscription at…
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Posted inAccountancy Class 12 General

The authorised capital of Sarang Ltd. is Rs 1,20,00,000

33 :- The authorised capital of Sarang Ltd. is Rs 1,20,00,000 divided into 12,00,000 shares of Rs 10 each. Out of these, company issued 8,00,000 shares of Rs 10 each…
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Posted inAccountancy Class 12 General

Blue Chips Ltd. was registered on 1st January, 2024 with a capital

32 :- Blue Chips Ltd. was registered on 1st January, 2024 with a capital of Rs 10,00,000 divided into 1,00,000 shares of Rs 10 each. The company issued 42,000 shares…
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Pure Products Ltd. is registered with authorised capital

31 :- Pure Products Ltd. is registered with authorised capital of Rs 10,00,000 divided into 1,00,000 equity shares of Rs 10 each. It issued 70,000 Equity shares for subscription at…
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Posted inAccountancy Class 12 General

Quality Stationaries Ltd registered with authorised capital

30 :- Quality Stationaries Ltd registered with authorised capital of Rs 20,00,000 divided into 1,00,000 equity shares of Rs 20 each. 50,000 Equity Shares were issued for subscription at par,…
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Posted inAccountancy Class 12 General

Home Products Ltd. Is registered with authorised capital

29 :- Home Products Ltd. Is registered with authorised capital of Rs 10,00,000 divided into 1,00,000 equity shares of Rs 10 each. It issued 70,000 Equity Shares for subscription at…
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Posted inAccountancy Class 12 General

Eastern India Company Limited, having an authorised capital

27 :- Eastern India Company Limited, having an authorised capital of Rs 10,00,000 divided into shares of Rs 10 each, issued 50,000 shares at a premium of Rs 3 per…
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