Category: Class 12 Part – II Usha Publication 2024

Question 25 Chapter 8 of Class 12 Part – 2 – 2024 21. (Oversubscription/Prorata Allotment) Jaideep applied for 10,000 shares of Rs. 10 each in Simran Company. The amount being payable Rs. 2 on application Rs. 4 on allotment, Rs. Read More …

Question 24 Chapter 8 of Class 12 Part – 2 – 2024 20. (Oversubscription) Alkins company issued prospectus inviting applications for 22,000 shares of Rs. 100 Applications were received for 25,000 shares. Amount is payable: Rs. 25 on application ; Read More …

Question 23 Chapter 8 of Class 12 Part – 2 – 2024 19 D. C limited invited applications for 6,000 shares of 100 each payables as follows. On application 30 On allotment 20 On first and last demand 50 All Read More …

Question 22 Chapter 8 of Class 12 Part – 2 – 2024 19C. (Interest on calls in arrears and calls in advance) Anamika limited applications for 5,000 shares of 100 each payable as follows:On application 30On allotment 20On first and Read More …

Question 21 Chapter 8 of Class 12 Part – 2 – 2024 19B (Called up Capital, Calls in Arrears and Calls in Advance in Balance sheet).Roma Ltd. was registered with a capital of Rs. 10,00,000 in shares of Rs. 100 Read More …

Question 20 Chapter 8 of Class 12 Part – 2 – 2024 19A. (Calls in Arrear and Calls in Advance) A Ltd. issued 20,0000 equity shares of Rs. 10 each at a premium of 10% payable Rs. 2 on Application, Read More …

Question 19 Chapter 8 of Class 12 Part – 2 – 2024 19. (Call in Arrears/Journal Entries/B/S) Bharat Industries Ltd. issued 1,50,000 equity shares of Rs. 15 each payable Rs. 3 on application, Rs. 7 on allotment and the balance Read More …

Question 18 Chapter 8 of Class 12 Part – 2 – 2024 18. (Expenses on Issue) Hemant Textiles Ltd. having a nominal capital of Rs. 10,00,000 in shares of Rs. 100 each invited applications for 5,000 shares payable as follows Read More …

Question 17 Chapter 8 of Class 12 Part – 2 – 2024 17. (Call in Arrears/Cash Book/Balance Sheet) Delhi Milk Supply Co. issued prospectus for 40,000 shares of Rs. 10 each. Amount is payable Rs. 2 on application ; Rs. Read More …

Question 16 Chapter 8 of Class 12 Part – 2 – 2024 16. (Advance Money Received and Interest on call in Advance) A company issued 25,000 equity shares of 10 each payable as follows :On application Rs. 3; on allotment Read More …