Question 5 to 10 (Issue of Debentures at premium for Cash)

5 :- Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of Rs 100 each at a premium of Rs 35 per debenture. The full amount was payable on…

Accountancy Class 12 General

Question 100 to 104 (Forfeiture and Reissue of Shares which were allotted on Pro rata)

100 :- Arvind Ltd. issued 20,000 shares of Rs 10 each at a premium of Rs 2 per share payable as:On Application Rs 6On Allotment Rs 3 (including premium)On First…

Accountancy 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).…

Accountancy Class 12 General

Question 83 to 87 (Forfeiture and Issue of Shares which were Issued at Premium)

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…

Accountancy Class 12 General

Question 58 to 61 (Maximum Permissible Discount and Minimum Reissue Price at the time of Reissue)

58 :- Determine the maximum permissible discount and minimum reissue price that a company can allow at the time of reissue of forfeited shares in the following cases :(i) A…

Accountancy Class 12 General

Question 42 to 45 (Issue of Shares for Consideration other than Cash)

42 :- Rajan Ltd. purchased assets from Geeta & Co. for Rs 5,00,000. A sum of Rs 1,00,000 was paid by means of a bank draft and for the balance…

Accountancy Class 12 General

Question 11 to 15 (Issue of Shares for Cash at Par)

11 :- Nidhi Ltd. Issued 2,50,000 Equity Shares of Rs 10 each to public at par for subscription, amount being payable as application money. Pass necessary Journal entries in the…

Accountancy Class 12 General

Question 1 to 6 (Disclosure of Share Capital in Company’s Balance Sheet)

1 :- Global Trade Ltd. has authorised share capital of Rs 1,00,00,000 divided into 1,00,000 Equity Shares of Rs 100 each. It has existing issued and paidup capital of Rs…

Accountancy Class 12 Textbook Solutions

TS Grewal Solution – Volume 2 – Accounting for Company

This page helps student to get solution of TS Grewal Volume 2 - Accounting for Company for class 12. This volume has 2 chapters and all the practical problems are…