Question 98 to 99 (Determination of Amount Realised from Reissue of Shares)

98 :- Ratan Ltd. ‘forfeited 1,000 shares of Rs 10 each for non-payment of first and final call of Rs 2 per share. These shares were reissued and gain on reissue transferred…

Accountancy Class 12 General

Tiny Toys Ltd. issued Rs 10,00,000 shares of Rs 100 each

23 :- Tiny Toys Ltd. issued Rs 10,00,000 shares of Rs 100 each at a premium of Rs 20 for subscription payable as :Rs 10 per share on application;Rs 40…

Accountancy Class 12 General

Bharat Ltd. was incorporated with a capital of Rs 20,00,000

17 :- Bharat Ltd. was incorporated with a capital of Rs 20,00,000 divided into shares of Rs 10 each. 20,000 shares were offered for subscription and out of these, 18,000…

Accountancy Class 12 General

Excel Ltd. Was registered with capital of Rs 5,00,000

7 :- Excel Ltd. Was registered with capital of Rs 5,00,000 dividend into 50,000 Equity shares of Rs 10 each. It issued 20,000 Equity Shares to public for subscription. The…

Accountancy Class 12 General

Grand Hotels Ltd. had authorised capital of Rs 50,00,000

5 :- Grand Hotels Ltd. had authorised capital of Rs 50,00,000 dividend into 50,000 equity shares of Rs 100 each. It issued 10,000 Equity Shares to public for subscription on…

Accountancy CBSE Sample Paper 2025-26 Class 12

26 : Chitinoor Ltd. invited applications for 2,00,000 shares of Rs 10

26 : Chitinoor Ltd. invited applications for 2,00,000 shares of Rs 10 each payable Rs 3 on application, Rs 5 on allotment (including Rs 1 premium) and balance on call. Applications were received for…