Important question of issue of shares
Witryna3 sie 2024 · The most plausible reason for a company to issue shares is to raise money to fund its business. Following are some examples of when a company can issue shares: To grow its business organically. To repay all or a part of its borrowings. To purchase another company. WitrynaReserve share capital; Example 1: H Ltd. issued 5000 equity shares of Rs. 100 each. The amount payable on these shares was as under: Rs.10 per share on application; Rs. 60 per share on allotment; Rs. 30 per share on first and final call; All the shares were subscribed and money duly received except the first and final call money on 100 shares.
Important question of issue of shares
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Witryna17 wrz 2024 · Question 1. Nominal value of shares allotted to the public is called ____________ capital. (a) authorised (b) reserve (c) paid-up (d) subscribed Answer: … Witryna5 kwi 2024 · At times of oversubscription of shares, a company has three alternatives, among which pro-rata allotment is one of them. 1. Full amount of Excess Money Refunded: At times of oversubscription of shares, sometimes a company does not adjust the excess money received towards the allotment money and call money.
Witryna9 mar 2024 · Mr. Seth, the holder of 1,000 shares, did not pay the amount due on call and his shares were forfeited by the company. Journalize the entries for forfeiture. … WitrynaDirectors can forfeit the shares for any reason. True False VIEW SOLUTION Exercise 8.1 (Objective Questions) Q 1. (C) 2. Page 339 State true or false with reason. …
Witryna13 lip 2024 · The balance in the Share Forfeiture A/c is shown under the Share Capital on the liabilities side of the balance sheet. This account will remain till the said shares forfeited are reissued by the company. Forfeiture of Shares Issued at Premium If the shares were initially issued at a premium then the forfeiture treatment changes a little. Witryna24 lut 2024 · No. of shares to be issued = \(\frac{9,00,000}{10}\) = 90,000 Answer: (B) 90,000 shares. Question 28. S Ltd. decided to buy back 2,000 equity shares of ₹ 100 each at a premium of 10%. For the purpose of redemption, the company issued 15,0 10% Preference shares of ₹ 10 each at a premium of 20%. Company has sufficient …
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Witryna16 sie 2024 · Accounting for Share Capital Important Questions Class 12 Accountancy Chapter 6 Question 1. What is meant by ‘issued capital’? (Delhi 2024) Answer: It … how do i cook braising steak in a slow cookerWitrynaStep 2: Add in the total authorized number of shares that the company has and the price of it in the second step. Step 3: In the third step, add the founder details and issue … how much is pam anderson worthWitryna12 lip 2024 · Isuse of Shares solved practical problems which is very useful for B. Com 2 nd and 4 th Sem. Students under CBCS Pattern. In this post, we include questions asked from 2005 to 2024 exam. Also solved practical problems of Jain and Narang books is included in this post. Thanks for visiting our blog regularly. how do i cook asparagus spearsWitryna6 lip 2024 · Q. Distinguish between: Ø Capital reserve and reserve capital. Ø Bonus issue and Right issue. Ø Forfeiture of shares and Surrender of shares. Q. Practical Problems: a) Issue of Shares Specific points: Oversubscription andprorata allotment, 2010, 2014, 2015, 2016, 2024 - Click here for solutions. b) Redemption of Preference … how do i cook bok choy in the ovenWitrynaHey mere class 12th ke warriors, aj revise karenge Issue of Shares ke sabse important questions ki practice - Amount to be transferred to Capital reserve A... how do i cook beef tongueWitryna9 lut 2024 · Accounting for Share Capital Important Extra Questions Very Short Answer Type Question 1. What is meant by over subscription of shares? (CBSE Compt. … how much is pam grier worthWitryna8 kwi 2024 · The meaning of the Issue of Shares is that the shares of an enterprise or any financial asset are distributed among shareholders who wish to purchase them. … how do i cook beansprouts