WebbOf the shares forfeited , 80 shares were sold to Z credited as fully paid-up for ₹ 9 per share , the whole of Y's shares being included . Prepare Journal , ... Subscribed, Called-up and … WebbB Limited Liabilities ` Assets ` Share Capital: Goodwill 62,000 Issued and fully paid Motor Car 1,26,000 50,000 Shares of ` 10 each 5,00,000 Furniture 58,000 Profit and Loss Account 45,000 Stock 2,40,000 Sundry Creditors 31,000 Sundry Debtors 70,000 Cash and Bank 20,000 5,76,000 5,76,000 It has been agreed that both these companies should be …

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WebbIn financial markets, a share is a unit of equity ownership in the capital stock of a corporation, and can refer to units of mutual funds, limited partnerships, and real estate … WebbLight Lamps Ltd. issued 50,000 shares of ₹ 10 each as fully paid-up to the promoters for their services to set-up the company . It also issued 2,000 shares of ₹ 10 each credited as fully paid-up to the underwriters of shares for their services . journalise these transactions. Advertisement Remove all ads Solution Journal doc mathtype

Credited as Paid Up Definition Law Insider

WebbApplications were received for ₹40,000 shares. Raman to whom 1600 shares were allotted failed to pay final call money and these shares were forfeited. Of the forfeited shares, 600 shares were reissued to Sukhman, … WebbOf the total shares forfeited, 1,500 were issued to X in June 2012, credited as fully paid at Rs. 9 per share, the whole of A’s shares being included. Pass journal entries in the books of the company to record these transactions and show the relevant items on the liabilities side of the balance sheet (necessarily extract) according to the form prescribed by the … Webb9 feb. 2024 · Raman to whom 1600 shares were allotted failed to pay final call money and these shares were forfeited. Of the forfeited shares, 600 shares were reissued to … doc martin youtube season 9