Webb29 juli 2024 · Question. Daisy Limited forfeited 200 shares Rs.10 each who had applied for 500 shares, issued at a premium of 10% for nonpayment of final call of Rs.3 per share. Out of these 100 shares were issued as fully paid up for Rs.15. The profit on reissue is : (a) Rs. 700 (b) Rs. 6400 (c) Rs. 300 (d) Rs. 400 Webb(500 shares @ ₹ per share fully paid up forfeited for the non- payment of Share First and Final Call ₹ 3 per share) Bank A/c: Dr. 4,000: Share Forfeiture A/c: Dr. 1,000: To Share Capital A/c: 5,000 (500 Shares reissued @ 8 per share fully paid up) Share Forfeiture A/c: Dr. 2,500: To Capital Reserve A/c: 2,500 (Balance of 500 shares in ...
Shares and share issues - Pinsent Masons
Webb2 jan. 2010 · That means it can issue a £1 share and take no money for it on issue; or it may issue the share paid as to 25p only. The amount unpaid (the full £1 or the balance of 75p) remains due and will have to be paid when the company calls for payment at a time anticipated in the terms of the share’s issue, or on a winding up if the company’s ... WebbA fully paid share means the purchaser has paid the total issue price of the share. For example, shares may be issued for $1 each, and a shareholder may purchase those … how do i fix my toshiba laptop
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WebbIn the case of Blackburn & Anor v Revenue and Customs Commissioners [2009] STC188 shares were found to be wholly subscribed for in cash and fully paid up at the time of … Webb17 aug. 2024 · Paid-Up Share Capital is the amount invested by shareholders. It's the company's common stock or equity. A corporation raised $10 million from stockholders … Webbför 2 dagar sedan · Emerson Electric paid up for National Instruments. Time will tell if the price tag was too high. When big corporations want to build new plants and install better … how much is tarmac per tonne