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Class 12

Home » Class 12 » Page 18
Class 12 Accounts TS Grewal Solutions – Complete Guide for Students
Posted inClass 12

Class 12 Accounts TS Grewal Solutions – Complete Guide for Students

Are you pursuing the 12th standard with a specialization in commerce? Are you someone who struggles to understand the Account’s concepts? If you are even unsure of the accurate solutions…
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Posted inAccountancy Class 12 General

Jain Ltd. Invited applications for issuing 1,12,000 equity shares

76 :- Jain Ltd. Invited applications for issuing 1,12,000 equity shares of Rs 10 each at par. The Amount per share was payable as follows:On Application - Rs 1On Allotment…
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Posted inAccountancy Class 12 General

Record the Journal entries for forfeiture and reissue of shares

75 :- Record the Journal entries for forfeiture and reissue of shares in the following cases:(i) Basak Ltd. Forfeited 20 shares of Rs 10 each, Rs 7 called-up on which…
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Posted inAccountancy Class 12 General

Show the forfeiture and reissue entries under each

73 :- Show the forfeiture and reissue entries under each of the following cases :-(i) KBC Ltd. Forfeited 300 shares of Rs 10 each, Rs 8 called-up held by Amit…
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Posted inAccountancy Class 12 General

Question 73 to 77 (Forfeiture and Reissue of Shares which were Issued at Par)

73 :- Show the forfeiture and reissue entries under each of the following cases :-(i) KBC Ltd. Forfeited 300 shares of Rs 10 each, Rs 8 called-up held by Amit…
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Posted inAccountancy Class 12 General

The Directors of Devendra Ltd. Resolved on 1st January, 2010

72 :- Give necessary Journal entries :-(i) The Directors of Devendra Ltd. Resolved on 1st January, 2010 that 100 Equity Shares of Rs 10 each, Rs 8 paid-up be forfeited…
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Star Ltd. Forfeited 500 Equity Shares of Rs 100 each

71 :- Star Ltd. Forfeited 500 Equity Shares of Rs 100 each for non-payment of first call of Rs 30 per share. The final call of Rs 10 per share…
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Posted inAccountancy Class 12 General

The Hindustan Manufacturing Ltd. Had a total subscribed capital

70 :- The Hindustan Manufacturing Ltd. Had a total subscribed capital of Rs 10,00,000 in Equity Shares of Rs 10 each of which Rs 7.50 were called-up. A final call…
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Posted inAccountancy Class 12 General

R.P. Ltd. Forfeited 1,500 shares of Rahim of Rs 10 each

69 :- R.P. Ltd. Forfeited 1,500 shares of Rahim of Rs 10 each issued at a premium of Rs 3 per share for non-payment of allotment and first call money.…
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Posted inAccountancy Class 12 General

Sunshine Industries Ltd. Issued 20,000 shares of Rs 100 each

68 :- Sunshine Industries Ltd. Issued 20,000 shares of Rs 100 each payable Rs 25 per share on application, Rs 25 per share on allotment and the balance in two…
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