The solution to Question number 59 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board What amount of gain on reissue will be transferred to Capital Reserve under following situations? (i) 3,000 shares of…
The solution to Question number 58 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Dell Ltd. forfeited 2,000 Equity Shares of ₹ 50 each issued at 10% premium on which allotment money of…
The solution to Question number 56 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Star Ltd. issued 10,000 shares of ₹ 10 each, payable as ₹ 4 on application, ₹ 3 on allotment,…
The solution to Question number 57 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Computer Mart Ltd. forfeited 1,000 Equity Shares of ₹ 50 each issued at 10% premium on which allotment money…
The solution to Question number 55 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Determine the maximum permissible discount and minimum reissue price that a company can allow at the time of reissue…
The solution to Question number 54 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Vani Limited invited applications for issuing 1,00,000 equity shares of ₹ 10 each at a premium of 10%. The…
The solution to Question number 53 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Ankit Ltd issued 20,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share, payable…
The solution to Question number 52 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Ajanta Ltd. issued a prospectus inviting applications for issuing 5,00,000 equity shares of ₹ 10 each issued at a…
The solution to Question number 51 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Ratan Ltd forfeited 3,000 shares of ₹ 10 each (issued at ₹ 2 premium) for non-payament of first call…
The solution to Question number 50 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Alpha Ltd. issued 20,000 Equity Shares of ₹ 10 each at par payable: On Application ₹ 2 per share;…
The solution to Question number 49 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Sangita Limited invited applications for issuing 60,000 shares of ₹ 10 each at par. The amount was payable as…
The solution to Question number 48 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Vikram Ltd. forfeited 5,000 shares of Rahul, who had applied for 6,000 shares for non-payment of allotment money of…
The solution to Question number 47 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Light Lamps Ltd. issued 50,000 shares of ₹ 10 each as fully paid-up to the promoters for their services…
The solution to Question number 46 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Sandesh Ltd. purchased a running business from Sanchar Ltd for ₹ 15,00,000 payable 10% by cheque and the balance…
The solution to Question number 45 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Sandesh Ltd. took over the assets of ₹ 7,00,000 and liabilities of ₹ 2,00,000 from Sanchar Ltd. for a…
