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 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…
Posted inAccountancy Class 12 General Rajan Ltd. purchased assets from Geeta & Co. for Rs 5,00,000 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…
Posted inAccountancy Class 12 General Light Lamps Ltd. Issued 50,000 shares of Rs 10 each 49 :- Light Lamps Ltd. Issued 50,000 shares of Rs 10 each as fully paid-up to the promoters for their services to set-up the company. It also issued 2,000 shares…