Posted inAccountancy Class 12 General
A share of Rs 100 issued at a premium of Rs 10
83 :- A share of Rs 100 issued at a premium of Rs 10 on which Rs 80 (including premium) was called and Rs 60 (including premium) was paid, has…
Posted inAccountancy Class 12 General
Question 78 to 82 (Forfeiture and Reissue of Shares which were Issued at Par)
78 :- ‘Venus Ltd.’ was registered with an authorised capital of Rs 40,00,000 divided into 4,00,000 equity shares of Rs 10 each. 70,000 of these shares were issued as fully…
Posted inAccountancy Class 12 General
Software Ltd. Company with registered capital of Rs 5,00,000
82 :- Software Ltd. Company with registered capital of Rs 5,00,000 in shares of Rs 10 each issued 20,000 of such shares payable Rs 2 on application, Rs 4 on…
Posted inAccountancy Class 12 General
Grofers Ltd. Having authorised capital of Rs 25,00,000
81 :- Grofers Ltd. Having authorised capital of Rs 25,00,000, issued 2,00,000 equity shares of Rs 10 each for subscription payable Rs 4 on application, Rs 3 on allotment and…
Posted inAccountancy Class 12 General
Park Hospitality Ltd. Incorporated with authorised capital
80 :- Park Hospitality Ltd. Incorporated with authorised capital of Rs 15,00,000, Rs 1,50,000 equity shares of Rs 10 each, issued 1,00,000 equity shares for subscription payable Rs 4 on…
Posted inAccountancy Class 12 General
Kwality Hospitality Ltd. Incorporated with authorised capital
79 :- Kwality Hospitality Ltd. Incorporated with authorised capital of Rs 10,00,000, 1,00,000 equity shares of Rs 10 each, issued 50,000 equity shares for subscription payable Rs 4 on application,…
Posted inAccountancy Class 12 General
‘Venus Ltd.’ was registered with an authorised capital
78 :- ‘Venus Ltd.’ was registered with an authorised capital of Rs 40,00,000 divided into 4,00,000 equity shares of Rs 10 each. 70,000 of these shares were issued as fully…
Posted inAccountancy Class 12 General
Slow and Steady Ltd. Invited applications for allotment
77 :- Slow and Steady Ltd. Invited applications for allotment of 10,000 Equity Shares of Rs 10 each from public. The amount of these shares was payable as:On Application Rs…
Posted inAccountancy Class 12 General
Rekha holds 100 shares of Rs10 each
74 :- Rekha holds 100 shares of Rs10 each on which she has paid Rs 1 per share on application.Sunita holds 200 shares of Rs 10 each on which she…
Posted inAccountancy Class 12 General
Surya Ltd. Took over assets of Rs 40,00,000 and Liabilities of Rs 7,50,000
44 :- Surya Ltd. Took over assets of Rs 40,00,000 and Liabilities of Rs 7,50,000 of Moon Ltd. Surya Ltd. Paid the purchase consideration by issuing 17,600; 10% Preference Shares…