Category: Chapter No. 8 – Company Accounts (Share Capital)

Question 60 Chapter 8 of Class 12 Part – 2 – 2024 60. (Prorata Allotment/Forfeiture/Reissue)XYZ Limited has been registered with unauthorized capital of Rs. 2,00,000 dividend into 2,000 shares of Rs. 100 each of which, 1,000shares were offered for public Read More …

Question 59 Chapter 8 of Class 12 Part – 2 – 2024 59. (Pro-rata Allotment/Forfeiture/Reissue) XY Limited invited applications for issuing 50,000 equity shares of Rs. 10 each. The amount wax payable as followsOn Application Rs. 3 per shareOn Allotment Read More …

Question 58 Chapter 8 of Class 12 Part – 2 – 2024 58. (Prorata Allotment/Forfeiture/Reissue) TCS Ltd. offered at par 10,000 shares of RS. 10 each for public subscription payable as follows:on application Rs. 3on allotment Rs. 2on first call Read More …

Question 57 Chapter 8 of Class 12 Part – 2 – 2024 57. (Issue at Premium/Prorata Allotment/Forfeiture) PCS Ltd. issued a prospectus inviting application for 20,000 shares of Rs. 10 each at a premium of Rs. 2 per share payable Read More …

Question 56 Chapter 8 of Class 12 Part – 2 – 2024 56. (Prorata Allotment/Forfeiture/Reissue) Bharatiya Textile Co. Ltd. issued its prospectus on 1st January 2016 inviting applications for 10,000 shares of Rs. 10 each at a premium of Rs. Read More …

Question 55 Chapter 8 of Class 12 Part – 2 – 2024 55. (Prorata Allotment/Forfeiture/Reissue) K Ltd. has been registered with an authorised capital of Rs. 3,00,000 divided into 3,000 shares of Rs. 100 each of which 1,500 shares were Read More …

Question 54 Chapter 8 of Class 12 Part – 2 – 2024 54. (Prorata Allotment/Forfeiture) A Ltd. invited applications for issuing 80,000 shares of Rs. 10 each at a premium of Rs. 4 per share. The amount was payable as Read More …

Question 53 Chapter 8 of Class 12 Part – 2 – 2024 53. (Pro-rata allotment/Forfeiture/Reissue) AB Ltd. invited applications for 1,00,000 Equity shares of Rs. 10 each, payable as RS. 2 application, Rs. 3 on allotment and balance on first Read More …

Question 52 Chapter 8 of Class 12 Part – 2 – 2024 52. (Prorata Allotment/Call in Arrears) Metallic Ltd. invited applications for 40,000 equity shares of Rs. 50 each issued at a premium of Rs. 10 per share. The amount Read More …

Question 51 Chapter 8 of Class 12 Part – 2 – 2024 51. (Prorata Allotment/Forfeiture/Reissue) A Limited Company invites 50,000 equity shares of Rs. 10 each payable as follows:On application Rs.3On allotment RS. 4On first call Rs. 2On final call Read More …