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A B motors Ltd. invited application from the general public for the issue of its 10000 shares of 50 rs. Each at par the amount was payable as: on application and allotment 25 on first and final call 25 application were received 12000 shares allotment was made on pro rata basis to all the applicants. excess money received was adjusted towards call money . call was made and the amount was duly received except 100 shares held by bhoomi who did not pay the call money .her share were forfeited
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A B motors Ltd. invited application from the general public for the ...
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A B motors Ltd. invited application from the general public for the ...
Call money received = 1,98,000
Calls-in arrear = 2,000
Share forfeiture = 3,000
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A B motors Ltd. invited application from the general public for the issue of its 10000 shares of 50 rs. Each at par the amount was payable as: on application and allotment 25 on first and final call 25 application were received 12000 shares allotment was made on pro rata basis to all the applicants. excess money received was adjusted towards call money . call was made and the amount was duly received except 100 shares held by bhoomi who did not pay the call money .her share were forfeited Related: Pro - rata Allotment of Shares, Advanced Corporate Accounting
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A B motors Ltd. invited application from the general public for the issue of its 10000 shares of 50 rs. Each at par the amount was payable as: on application and allotment 25 on first and final call 25 application were received 12000 shares allotment was made on pro rata basis to all the applicants. excess money received was adjusted towards call money . call was made and the amount was duly received except 100 shares held by bhoomi who did not pay the call money .her share were forfeited Related: Pro - rata Allotment of Shares, Advanced Corporate Accounting for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about A B motors Ltd. invited application from the general public for the issue of its 10000 shares of 50 rs. Each at par the amount was payable as: on application and allotment 25 on first and final call 25 application were received 12000 shares allotment was made on pro rata basis to all the applicants. excess money received was adjusted towards call money . call was made and the amount was duly received except 100 shares held by bhoomi who did not pay the call money .her share were forfeited Related: Pro - rata Allotment of Shares, Advanced Corporate Accounting covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A B motors Ltd. invited application from the general public for the issue of its 10000 shares of 50 rs. Each at par the amount was payable as: on application and allotment 25 on first and final call 25 application were received 12000 shares allotment was made on pro rata basis to all the applicants. excess money received was adjusted towards call money . call was made and the amount was duly received except 100 shares held by bhoomi who did not pay the call money .her share were forfeited Related: Pro - rata Allotment of Shares, Advanced Corporate Accounting.
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