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प्रश्न
1000 shares issued @10% Premium considering face value for ₹ 10/- Calculate Premium.
उत्तर
Premium = `(1000 xx 10 xx 10)/100`
= ₹ 1,000
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संबंधित प्रश्न
On 1st April, 2012; Vivek Ltd. Was formed with an authorized capital of Rs.1,00,00,000 divided into 2,00,000 equity shares of Rs.50 each. The company issued prospectus inviting applications for 1,80,000 shares. The issue price was payable as under:
On Application: Rs.15
On Allotment: Rs.20
On Call: Balance amount
The issue was fully subscribed and the company allotted shares to all the applicants. The company did not make the call during the year.
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b. Also prepare 'Notes to Accounts' for the same.
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On application and allotment — Rs 20 per share
On the first call — Rs 50 per share
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On second and final call - Rs 4 per share
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On Allotment: Rs 20
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State whether you agree or disagree with following statement:
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Answer in one sentence only.
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Show Authorised capital, Issued capital, Subscribed capital, Called-up capital, Paid-up capital, Calls-in-Arrears and Share Premium amount in company Balance Sheet.
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Pass Journal Entries in the books of Mohini Co. Ltd.
