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Advertisement Question no 84 Chapter 1- Class 12 Part 2 Unimax Mukta Ltd. invited applications for issuing 1,00,000 equity shares of ₹ 10 each. The shares were issued at a premium of ₹ 20 per share. The amount was payable Read More …
Advertisement Question no 83 Chapter 1- Class 12 Part 2 Unimax Sumit Ltd. invited applications for issuing 80,000 equity shares of ₹ 10 each at a premium of ₹ 6 per share. The amount was payable as follows: On application Read More …
Advertisement Question no 82 Chapter 1- Class 12 Part 2 Unimax Gopal Limited’ invited application for issuing 70,000 equity shares of 10 each at a premium of 10 per share. The amount was payable as follows: On application & allotment Read More …
Advertisement Question no 81 Chapter 1- Class 12 Part 2 Unimax Amrit Ltd. issued a prospectus inviting applications for 20,000 equity shares of ₹ 10 each at a premium of ₹ 5 pre share, payable as: On application ₹ 4 Read More …
Advertisement Question no 80 Chapter 1- Class 12 Part 2 Unimax X Ltd. invited applications for issuing 2,00,000 equity shares of ₹ 10 each. The amount was payable as follows: On application 2 On allotment 5 On the first & Read More …
Advertisement Question no 79 Chapter 1- Class 12 Part 2 Unimax M/s Reliable investment issue a prospectus inviting application of ₹ 4,000 equity share of ₹ 20 each at a premium of ₹ 4 per shares payable as under: On Read More …
Advertisement Question no 78 Chapter 1- Class 12 Part 2 Unimax ABC Ltd. invited applications for 75,000 equity shares of ₹ 10 each at a premium of ₹ 3. The money was called as follows: On application ₹ 2 per Read More …
Advertisement Question no 77 Chapter 1- Class 12 Part 2 Unimax Bharat Ltd. invited applications for issuing 2,00,000 equity shares of ₹ 10 each. The amount was payable as follows: On application ₹ 3 per share On allotment ₹ 5 Read More …
Advertisement Question no 76 Chapter 1- Class 12 Part 2 Unimax A Limited Company invites applications for 50,000 equity shares of ₹ 10 each payable as follows: On application ₹ 3 per share On allotment ₹ 4 per share On Read More …
Advertisement Question no 75 Chapter 1- Class 12 Part 2 Unimax On July 1, 2022, a Limited Company offered for subscription 50,000 equity shares of ₹ 100 each at a premium of ₹ 20per share payable as given below: On Read More …
Advertisement Question no 74 Chapter 1- Class 12 Part 2 Unimax X Ltd. invited application for 20,000 equity shares of ₹ 10 each, payable ₹ 2.50 on application ₹ 5 on allotment (including a premium of ₹ 2.50) and ₹ Read More …
Advertisement Question no 73 Chapter 1- Class 12 Part 2 Unimax Gupta Ltd. issued 30,000 shares of ₹ 10 each at ₹ 4 premium.On application ₹ 4 (including premium) On allotment ₹ 3 (including 1 premium) On first call₹ 4 Read More …
Advertisement Question no 72 Chapter 1- Class 12 Part 2 Unimax Z Ltd. invited applications for issuing 50,000 equity shares of ₹ 10 each. The amount was payable as follows: On application ₹ 3 per share On allotment ₹ 4 Read More …
Advertisement Question no 71 Chapter 1- Class 12 Part 2 Unimax A company issued for public subscription 50,000 equity shares of ₹ 20 each at a premium of ₹ 4 per share, payable as under: On application ₹ 4 per Read More …
Advertisement Question no 70 Chapter 1- Class 12 Part 2 Unimax Surindra Ltd. invited application for issuing 2,00,000 equity shares of ₹ 30 each at a premium of ₹ 6 per share. The amount was payable as follows: On application Read More …
Advertisement Question no 69 Chapter 1- Class 12 Part 2 Unimax Amrit Ltd. invited applications for 30,000 equity shares of ₹ 10 each issued at premium of ₹ 3 per share, payable as follows: ₹ 3 on application, ₹ 6 Read More …
Advertisement Question no 68 Chapter 1- Class 12 Part 2 Unimax On February 1, 2022 the directors of Alpha Limited issued 5,00,000 equity shares ₹ 10 each at ₹ 12 per share, payable ₹ 5 on application (including premium), ₹ Read More …
Advertisement Question no 67 Chapter 1- Class 12 Part 2 Unimax A company offered 10,000 shares of ₹ 10,000 each payable as follows:On application ₹ 3, on allotment ₹ 2, on first call ₹ 3, on second call ₹ 2, Read More …
Advertisement Question no 66 Chapter 1- Class 12 Part 2 Unimax A company issued for public subscription 50,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share, payable as under: On application ₹ 2 per Read More …
Advertisement Question no 65 Chapter 1- Class 12 Part 2 Unimax Majestic Auto Parts Limited issued for public subscription 60,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share payable as under: with application ₹ Read More …
Advertisement Question no 64 Chapter 1- Class 12 Part 2 Unimax On application ₹ 3 On allotment ₹ 4 On first & final call The balance Application were received for 55,000 shares. Allotments were made on the following basis:(1) To Read More …
Advertisement Question no 63 Chapter 1- Class 12 Part 2 Unimax Radhika textiles Ltd. invited application for 75,000 equity shares of ₹ 10each issued at a premium of ₹ 4 per share. The amount was payable as follows: On application Read More …
Advertisement Question no 62 Chapter 1- Class 12 Part 2 Unimax X Ltd. invited applications for 2,00,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share payable as to ₹ 2 on application, ₹ 5 Read More …
Advertisement Question no 61 Chapter 1- Class 12 Part 2 Unimax K Limited has registered with an authorized capital of ₹ 2,00,000 divided into 2,000 shares of ₹ 100 each of which, 1,000 shares were offered for public subscription at Read More …
Advertisement Question no 60 Chapter 1- Class 12 Part 2 Unimax JYANTI Ltd. invited application for issuing 90,000 shares of 20 each at a premium of ₹ 40 per share. The amount was payable as follows: On application ₹ 40 Read More …
Advertisement Question no 59 Chapter 1- Class 12 Part 2 Unimax A company issued 1,000 shares of ₹ 100 each, at a premium of ₹ 5 per share, payable as under: On application ₹ 30 On allotment ₹ 25 (including Read More …
Advertisement Question no 58 Chapter 1- Class 12 Part 2 Unimax X Ltd. issued ₹ 10,000 shares of ₹ 100 each at a premium of ₹ 40 per share. Amount was payable as follows: On application ₹ 20 (including premium Read More …
Advertisement Question no 57 Chapter 1- Class 12 Part 2 Unimax A Limited invited application for 15,000 equity shares of ₹ 10 each payable as follows: On application ₹ 2 per share On allotment ₹ 3 per share On first Read More …
Advertisement Question no 56 Chapter 1- Class 12 Part 2 Unimax TAXMECO Limited has issued capital of 2,00,000 equity shares of ₹ 20 each, on which ₹ 17.50 per share has been called up.Calls In arrears in respect of 200 Read More …
Advertisement Question No 55 Chapter 1 – Unimax Class 12 Part 2 – 2021 Gautam Plastics Limited has an authorised capital of ₹ 5,00,000 divided into shares of ₹ 20.On these, 8,000 shares were issued as fully paid in payment Read More …
Advertisement Question No 54 Chapter 1 – Unimax Class 12 Part 2 – 2021 Hero Honda limited made an issue of 1,00,000 equity shares of ₹ 10 each, payable as follows: On application ₹ 2.50 per share On allotment ₹ Read More …
Advertisement Question no 53 Chapter 1- Class 12 Part 2 Unimax Pal Exports Ltd. with a shares capital of ₹ 1,00,000 divided into 2,000 shares of ₹ 50 each offers the shares to the public as under:₹ 10 per share Read More …
Advertisement Question No 52 Chapter 1 – Unimax Class 12 Part 2 – 2021 Twinkle company issued 1,00,000 shares of ₹ 10 each payable as ₹ 3 on application, 2 on allotment, 2 on 1st call and 3 on the Read More …
Advertisement Question No 51 Chapter 1 – Unimax Class 12 Part 2 – 2021 Sugandh a exports Ltd. invited application for 10,000 equity shares of ₹ 10 each for public subscription. The amount payable on shares is as under: On Read More …
Advertisement Question No 50 Chapter 1 – Unimax Class 12 Part 2 – 2021 Anant Ltd. issued 70,000 shares of ₹ 10 each at premium of 20% payable as follows:On application ₹ 5 (including premium); On allotment ₹ 3; and Read More …
Advertisement Question No 49 Chapter 1 – Unimax Class 12 Part 2 – 2021 C Ltd. invited application for 20,000 equity shares of ₹ 10 each payable as under: On application ₹ 2 per share On allotment ₹ 2 per Read More …
Advertisement Question No 48 Chapter 1 – Unimax Class 12 Part 2 – 2021 (Reissued of forfeited shares which were originally issued at premium). Rama Ltd. forfeited 500 equity shares of ₹ 100 each issued at 10% premium (to be Read More …
Advertisement Question No 47 Chapter 1 – Unimax Class 12 Part 2 – 2021 Pass journal entries in the following cases:M limited forfeited 2,000 equity shares of ₹ 10 each, issued at a premium of ₹ 5 per shares held Read More …
Advertisement Question no 45 Chapter 1- Class 12 Part 2 Unimax 200 shares of ₹ 10 each issued at a premium of ₹ 5 per share payable with allotment were forfeited by the non-payment of allotment money of ₹ 9 Read More …
Advertisement Question No 46 Chapter 1 – Unimax Class 12 Part 2 – 2021 ABC Ltd. forfeited 150 equity shares of ₹10 each issued at a premium of ₹ 5 per share, for non-payment of allotment money of ₹ 8 Read More …
Advertisement Question no 44 Chapter 1- Class 12 Part 2 Unimax X Ltd. forfeited 100 shares of ₹ 10 each (₹ 8 called up) issued at a premium of ₹ 2 per share to Mr. R, on which he had Read More …
Advertisement Question no 43 Chapter 1- Class 12 Part 2 Unimax Guru limited issued 1,000 shares of ₹ 100 each. All the money were received except for 100 shares on which ₹ 90 was received per share. These 100 shares Read More …
Advertisement Question no 42 Chapter 1- Class 12 Part 2 Unimax X Ltd. has an authorized capital of ₹ 10,00,000 divided into equity shares of ₹ 10 each. The company invited application for 50,000 shares. Application for 40,000 share were Read More …
Advertisement Question no 41 Chapter 1- Class 12 Part 2 Unimax (a) A holds 100 shares of ₹ 10 each, on which he has paid only ₹ 2.50 per shares as application money(b) B, who holds 200 shares of ₹ Read More …
Advertisement Question no 40 Chapter 1- Class 12 Part 2 Unimax Pass journal entries for the forfeiture and reissued in the following cases:1. Kia Ltd. forfeited 600 shares of ₹ 10 each fully called up for non-payment of first call Read More …
Advertisement Question No 39 Chapter 1 – Unimax Class 12 Part 2 – 2021 Rohit Ltd. forfeited 800 equity shares of ₹ 10each for the non-payment of first and final call of ₹ 3 per shares. The forfeited shares were Read More …
Advertisement Question No 38 Chapter 1 – Unimax Class 12 Part 2 – 2021 Money Ltd. forfeited 2,000 shares of ₹ 10 each issued at par for the non-payment the final call of ₹ 2 per shares. These shares were Read More …
Advertisement Question No 37 Chapter 1 – Unimax Class 12 Part 2 – 2021 Alok Ltd. forfeited 300 shares of ₹ 10 each, fully called up, help by Ram for non-payment of allotment money of ₹ 3 per shares and Read More …
Advertisement Question no 36 Chapter 1- Class 12 Part 2 Unimax 800 shares of ₹ 10 each issued at par were forfeited for the non-payment of final call of ₹ 2 per share. These shares were reissued at ₹ 8 Read More …
Advertisement Question no 35 Chapter 1- Class 12 Part 2 Unimax Darshan Ltd. purchase a running business from Diya Ltd. for a sum of ₹ 3,00,000 payable by issued of ₹ 20,000 equity shares of ₹ 10 each at a Read More …
Advertisement Question no 34 Chapter 1- Class 12 Part 2 Unimax ABC ltd. purchases a running business from XYZ ltd. for a sum of ₹ 10,00,000 payable by the issued of fully paid equity shares of ₹ 100 each at Read More …
Advertisement Question No 33 Chapter 1 – Unimax Class 12 Part 2 – 2021 (a) Bhawna Ltd. was registered with a nominal capital of ₹ 1,00,000 divided into shares of ₹ 10 each. The company purchased assets for ₹ 27,000 Read More …
Advertisement Question no 32 Chapter 1- Class 12 Part 2 Unimax 8,000 shares of @ ₹ 10 each were issued to the promoters at a premium of 10% for the services rendered by them. Give journal entry. The solution of Read More …
Advertisement Question no 31 Chapter 1- Class 12 Part 2 Unimax A limited company issued 1,000 equity shares of ₹ 100 each as fully paid up in consideration of the purchased of plant and machinery worth ₹ 99,000. Make entries Read More …
Advertisement Question no 30 Chapter 1- Class 12 Part 2 Unimax R Ltd. purchased assets from Rohan & CO. for ₹ 3,50,000. A sum of ₹ 75,000 was paid by the means of a bank draft and for the balance Read More …
Advertisement Question no 29 Chapter 1- Class 12 Part 2 Unimax A Ltd. purchased computer for costing ₹ 7,50,000 from Ashwini traders. They paid ₹ 2,50,000 in cash the remaining balance by issued of 50,000 Equity of ₹ 10 each.Pass Read More …
Advertisement Question no 28 Chapter 1- Class 12 Part 2 Unimax Pawan Ltd. was registered with a capital of ₹ 8,00,000 in shares of ₹ 10each and issued 50,000 such at a premium of ₹ 2 per share, payable as Read More …
Advertisement Question no 23 Chapter 1- Class 12 Part 2 Unimax Mohan Ltd. offered for public subscription 50,000 equity shares of ₹ 10 each payable as follows: On Application ₹ 5 On Allotment : ₹ 3 On First and Final Read More …
Advertisement Question no 22 Chapter 1- Class 12 Part 2 Unimax Monika Ltd. issued 3,000 shares of ₹ 10 each on the following terms:₹ 2 on Application₹ 3 on Allotments₹ 1 on 1st CallBalance on 2nd and final calls3,200 shares Read More …
Advertisement Question no 21 Chapter 1- Class 12 Part 2 Unimax Avnet Ltd. offered 3,00,000 equity shares of ₹ 10 each at ₹ 12 per share, payable ₹ 3 on application (including premium of ₹ 2) ₹ 3 allotment and Read More …
Advertisement Question No 20 Chapter 1 – Unimax Class 12 Part 2 – 2021 Sakshi Ltd. issued a prospectus inviting applications for 40,000 shares of ₹ 10 each at premium of ₹ 2 per share payable as ₹ 2 on Read More …
Advertisement Question no 19 Chapter 1- Class 12 Part 2 Unimax The Nagak cotton Mills Ltd. was registered on 1st Jan.2022 with a capital of ₹ 10,00,000 divided into 1,00,000 shares of ₹ 10 each. The company issued 60,000 shares Read More …
Advertisement Question No 18 Chapter 1 – Unimax Class 12 Part 2 – 2021 X Ltd. invited application of 8,000 equity shares of ₹ 10 each issued at 40% premium. The whole amount was payable on application. The issue was Read More …
Advertisement Question No 17 Chapter 1 – Unimax Class 12 Part 2 – 2021 X Ltd. invited application of 6,000 equity shares of ₹ 10 each issued at par the whole amount was payable on application. The issue was under Read More …
Advertisement Question No 16 Chapter 1 – Unimax Class 12 Part 2 – 2021 Guru Ltd. offered for subscription 20,000 equity shares of ₹ 10 each and 10,000, 10% preference shares of ₹ 10 each.1. The amount on equity shares Read More …
Advertisement Question no 15 Chapter 1- Class 12 Part 2 Unimax Sunil Ltd. issued a prospectus inviting application for 30,000 shares of ₹ 10 each at a premium of ₹ 2 per share payable a follows: 2 on Application, ₹ Read More …
Advertisement Question no 14 Chapter 1- Class 12 Part 2 Unimax Star Ltd. invited application for 40,000 shares of ₹ 10 each, payments were to be made as follows: ₹ 3 on Application; ₹ 3 on Allotment: ₹ 2 on Read More …
Advertisement Question no 13 Chapter 1- Class 12 Part 2 Unimax ABC Ltd. issued 10,000 shares of ₹ 10 each at a premium of ₹ 3 per share payable as: On application ₹ 4 (including ₹ 1 premium) On allotment Read More …
Advertisement Question no 12 Chapter 1- Class 12 Part 2 Unimax A Ltd. Co. issued 10,000 shares of ₹ 100 each at a premium of ₹ 50 per shares, payable ₹ 30 per share on application. ₹ 70 per share Read More …
Advertisement Question no 11 Chapter 1 – Class 12 Part 2 Unimax Bharat Limited purchases certain patents from Sharp and short under an agreement dated the June 30, 2022 at a cost of ₹ 40,000 which was paid ₹ 1,000 Read More …
Advertisement Question no 10 Chapter 1- Class 12 Part 2 Unimax On 1st January 2022, A company was registered with a nominal capital of ₹ 5,00,000 divided into 5,000 shares of ₹ 100 each. It offered to the public 2,000 Read More …
Advertisement Question No 9 Chapter 1 – Class 12 Part 2 Unimax APJ Limited issued a prospectus inviting applications for 30,000 shares of ₹ 10 each, payable as: ₹ 3 on the application: ₹ 3 on allotment, and ₹ 4 Read More …
Advertisement Question No 8 Chapter 1 – Class 12 Part 2 Unimax Anant Ltd. issued prospectus inviting applications for 20,000 shares of ₹ 10 each, payable as ₹ 3 on the application; 2 on the allotment, and ₹ 2 on Read More …
Advertisement Question no 7 Chapter 1 – Class 12 Part 2 Unimax M Ltd. invited applications for 20,000 shares of ₹ 10 each payable as: On Application : ₹ 3 On Allotment : ₹ 3 On 1st Call : ₹ Read More …
Advertisement Question No 6 Chapter 1 – Class 12 Part 2 Unimax Goodwill Ltd. was registered with an authorized capital of ₹ 6,00,000 divided into 60,000 equity shares of ₹ 10 each. Since the economy was in robust shape, the Read More …
Advertisement Question No 5 Chapter 1 – Class 12 Part 2 Unimax On 1st April, 2022, Kavita Ltd. was formed with an authorized capital of ₹ 50,00,000 divided into 1,00,000 equity shares of ₹ 50 each. The company issued prospectus Read More …
Advertisement Question no 4 Chapter 1 – Class 12 Part 2 Unimax MNC Ltd. has an authorized capital of ₹ 40,00,000 divided into 2,00,000 equity shares of each. The company invited applications for 30,000 shares. Applications for 28,000 shares received. Read More …
Advertisement Question no 3 Chapter 1 – Class 12 Part 2 Unimax Ravi Ltd. was formed with an authorized capital of ₹ 30,00,000 divided into 30,000 shares of ₹ 100 each. The company invited applications for issuing 20,000 equity shares. Read More …
Advertisement Question no 2 Chapter 1 – Class 12 Part 2 Unimax XYZ Ltd. is registered with capital of ₹ 30,00,000 divided into 3,00,000 equity shares of ₹ 10 each. The company issued ₹ 2,50,000 equity shares for subscription to Read More …
Advertisement Question No 1 Chapter 1 – Unimax Class 12 Part 2 – 2021 The authorized capital of ABC Ltd. is ₹ 80,00,000 divided into 8,00,000 equity shares of ₹ 10 each. Out of these, the company issued ₹ 4,00,000 Read More …