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IJK Ltd. issued 20,000 shares of Rs.10 each at a premium of 20% on May 01, 2004, payable as follows:Q.Mrs. M, to whom 1,000 shares were allotted, has paid Rs.5,000 on June 01, 2004. At the time of remitting the allotment money, she indicated that the excess money should be adjusted towards the call money. The directors of the company made the first and final call on October 31, 2004. The company has a policy of paying interest on calls-in-advance.The amount of interest paid to Mrs. M on calls-in-advance = ?a)Rs.62.50b)Rs.52.08c)Rs.125.00d)Rs.150.00Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about IJK Ltd. issued 20,000 shares of Rs.10 each at a premium of 20% on May 01, 2004, payable as follows:Q.Mrs. M, to whom 1,000 shares were allotted, has paid Rs.5,000 on June 01, 2004. At the time of remitting the allotment money, she indicated that the excess money should be adjusted towards the call money. The directors of the company made the first and final call on October 31, 2004. The company has a policy of paying interest on calls-in-advance.The amount of interest paid to Mrs. M on calls-in-advance = ?a)Rs.62.50b)Rs.52.08c)Rs.125.00d)Rs.150.00Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for IJK Ltd. issued 20,000 shares of Rs.10 each at a premium of 20% on May 01, 2004, payable as follows:Q.Mrs. M, to whom 1,000 shares were allotted, has paid Rs.5,000 on June 01, 2004. At the time of remitting the allotment money, she indicated that the excess money should be adjusted towards the call money. The directors of the company made the first and final call on October 31, 2004. The company has a policy of paying interest on calls-in-advance.The amount of interest paid to Mrs. M on calls-in-advance = ?a)Rs.62.50b)Rs.52.08c)Rs.125.00d)Rs.150.00Correct answer is option 'A'. Can you explain this answer?.

Solutions for IJK Ltd. issued 20,000 shares of Rs.10 each at a premium of 20% on May 01, 2004, payable as follows:Q.Mrs. M, to whom 1,000 shares were allotted, has paid Rs.5,000 on June 01, 2004. At the time of remitting the allotment money, she indicated that the excess money should be adjusted towards the call money. The directors of the company made the first and final call on October 31, 2004. The company has a policy of paying interest on calls-in-advance.The amount of interest paid to Mrs. M on calls-in-advance = ?a)Rs.62.50b)Rs.52.08c)Rs.125.00d)Rs.150.00Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of IJK Ltd. issued 20,000 shares of Rs.10 each at a premium of 20% on May 01, 2004, payable as follows:Q.Mrs. M, to whom 1,000 shares were allotted, has paid Rs.5,000 on June 01, 2004. At the time of remitting the allotment money, she indicated that the excess money should be adjusted towards the call money. The directors of the company made the first and final call on October 31, 2004. The company has a policy of paying interest on calls-in-advance.The amount of interest paid to Mrs. M on calls-in-advance = ?a)Rs.62.50b)Rs.52.08c)Rs.125.00d)Rs.150.00Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of IJK Ltd. issued 20,000 shares of Rs.10 each at a premium of 20% on May 01, 2004, payable as follows:Q.Mrs. M, to whom 1,000 shares were allotted, has paid Rs.5,000 on June 01, 2004. At the time of remitting the allotment money, she indicated that the excess money should be adjusted towards the call money. The directors of the company made the first and final call on October 31, 2004. The company has a policy of paying interest on calls-in-advance.The amount of interest paid to Mrs. M on calls-in-advance = ?a)Rs.62.50b)Rs.52.08c)Rs.125.00d)Rs.150.00Correct answer is option 'A'. Can you explain this answer?, a detailed solution for IJK Ltd. issued 20,000 shares of Rs.10 each at a premium of 20% on May 01, 2004, payable as follows:Q.Mrs. M, to whom 1,000 shares were allotted, has paid Rs.5,000 on June 01, 2004. At the time of remitting the allotment money, she indicated that the excess money should be adjusted towards the call money. The directors of the company made the first and final call on October 31, 2004. The company has a policy of paying interest on calls-in-advance.The amount of interest paid to Mrs. M on calls-in-advance = ?a)Rs.62.50b)Rs.52.08c)Rs.125.00d)Rs.150.00Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of IJK Ltd. issued 20,000 shares of Rs.10 each at a premium of 20% on May 01, 2004, payable as follows:Q.Mrs. M, to whom 1,000 shares were allotted, has paid Rs.5,000 on June 01, 2004. At the time of remitting the allotment money, she indicated that the excess money should be adjusted towards the call money. The directors of the company made the first and final call on October 31, 2004. The company has a policy of paying interest on calls-in-advance.The amount of interest paid to Mrs. M on calls-in-advance = ?a)Rs.62.50b)Rs.52.08c)Rs.125.00d)Rs.150.00Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice IJK Ltd. issued 20,000 shares of Rs.10 each at a premium of 20% on May 01, 2004, payable as follows:Q.Mrs. M, to whom 1,000 shares were allotted, has paid Rs.5,000 on June 01, 2004. At the time of remitting the allotment money, she indicated that the excess money should be adjusted towards the call money. The directors of the company made the first and final call on October 31, 2004. The company has a policy of paying interest on calls-in-advance.The amount of interest paid to Mrs. M on calls-in-advance = ?a)Rs.62.50b)Rs.52.08c)Rs.125.00d)Rs.150.00Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.