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Issue of Shares

Home » Class 12 » Accountancy » TS Grewal - Vol 2 » Issue of Shares » Page 4
Posted inAccountancy Class 12 General

Printkit Limited invited applications for issue of 80,000

26 :- Printkit Limited invited applications for issue of 80,000 equity shares of Rs 10 each. The amount was payable as follows :On Application - Rs 3 per shareOn Allotment…
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Posted inAccountancy Class 12 General

Abhipra Ltd. invited applications for issuing 1,00,000 equity shares

97 :- Abhipra Ltd. invited applications for issuing 1,00,000 equity shares of Rs 10 each. The shares were issued at a premium of Rs 20 per share. The amount was…
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Posted inAccountancy Class 12 General

Sukanya Ltd. invited applications for issuing 1,00,000 equity shares

96 :- Sukanya Ltd. invited applications for issuing 1,00,000 equity shares of Rs 10 each. The shares were issued at a premium of Rs 20 per share. The amount was…
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Posted inAccountancy Class 12 General

Panasonic Ltd. was formed on 1st April, 2024

95 :- Panasonic Ltd. was formed on 1st April, 2024 with an authorised capital of Rs 20,00,000, divided into 20,000 Equity Shares of Rs 100 each. 10,000 shares were issued…
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Posted inAccountancy Class 12 General

Telecom Ltd.; issued 20,000 Equity Shares of Rs 10 each

93 :- Telecom Ltd.; issued 20,000 Equity Shares of Rs 10 each at a premium of Rs 5 per share, payable as: Rs 7 (including premium) on application, Rs 5…
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Posted inAccountancy Class 12 General

Healthy Foods Ltd. had authorised capital of Rs 50,00,000

94 :- Healthy Foods Ltd. had authorised capital of Rs 50,00,000, 5,00,000 equity shares of Rs 10 each issued 3,75,000 equity shares for subscription at a premium of 20% payable Rs 4…
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Posted inAccountancy Class 12 General

Question 92 to 97 (Forfeiture and Reissue of Shares in Different Cases)

92 :- Pass necessary Journal entries for forfeiture and reissue of shares in the following cases:(i) Neon Ltd. forfeited 2,000 shares of Rs 10 each issued at a premium of…
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Posted inAccountancy Class 12 General

Pass necessary Journal entries for forfeiture and reissue

92 :- Pass necessary Journal entries for forfeiture and reissue of shares in the following cases:(i) Neon Ltd. forfeited 2,000 shares of Rs 10 each issued at a premium of…
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Posted inAccountancy Class 12 General

Question 88 to 91 (Forfeiture and Issue of Shares which were Issued at Premium)

88 :- CV Ltd. forfeited 200 shares of Rs 10 each issued at a premium of Rs 2 per share for the non-payment of allotment money of Rs 3 per share (including premium).…
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Posted inAccountancy Class 12 General

Amal had applied for 7,000 shares of Rs 10 each

91 :- Amal had applied for 7,000 shares of Rs 10 each at a premium of Rs 5 per share. He was allotted 4,000 shares on pro rata basis. After having paid…
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