Posted inAccountancy Class 12 General
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…
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…
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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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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Question 68 to 72 (Forfeiture and Reissue of Shares which were Issued at Par)
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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The Directors of Maharana Ltd. resolved on 1st May, 2023
67 :- The Directors of Maharana Ltd. resolved on 1st May, 2023 that 2,000 Equity Shares of Rs 10 each, Rs 7.50 paid be forfeited for non-payment of final call of…
Posted inAccountancy Class 12 General
On 1st May, 2023, Moneyplus Ltd. Forfeited 200 shares
66 :- On 1st May, 2023, Moneyplus Ltd. Forfeited 200 shares of Rs 20 each, Rs 15 per share called-up, on which Rs 10 per share has been paid by A,…
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Question 63 to 67 (Forfeiture and Reissue of Shares which were Issued at Par)
63 :- A company forfeited 4,000 shares of Rs 10 each fully called-up, on which application money of Rs 3 each has been paid. Out of these, 2,000 shares were…
Posted inAccountancy Class 12 General
Max Ltd. Forfeited 500 shares of Rs 100 each for non-payment
65 :- Max Ltd. Forfeited 500 shares of Rs 100 each for non-payment of first call of Rs 20 per share and final call of Rs 25 per share. 250…
Posted inAccountancy Class 12 General
Alfa Ltd. Forfeited 900 Equity Shares of Rs 100 each
64 :- Alfa Ltd. Forfeited 900 Equity Shares of Rs 100 each for the non-payment of allotment money of Rs 30 per share and the first call of Rs 20…