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Question no.’s 39 to 41 are based on the hypothetical situation given below :X Ltd issued 2,00,000 shares of 100 each. Amount to be paid on application 30 per share; on allotment 40 per share and on first & final call 30 per share. All money was duly subscribed and paid towards the nominal value of shares except on 9,000 shares who failed to pay allotment and calls money. These shares were forfeited. 5,000 shares were re-issued at 80 per share fully paid.Which amount of the following is balance in Share Forfeiture Account?a)4,00,000b)1,50,000c)1,20,000d)50,000Correct answer is option 'C'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Question no.’s 39 to 41 are based on the hypothetical situation given below :X Ltd issued 2,00,000 shares of 100 each. Amount to be paid on application 30 per share; on allotment 40 per share and on first & final call 30 per share. All money was duly subscribed and paid towards the nominal value of shares except on 9,000 shares who failed to pay allotment and calls money. These shares were forfeited. 5,000 shares were re-issued at 80 per share fully paid.Which amount of the following is balance in Share Forfeiture Account?a)4,00,000b)1,50,000c)1,20,000d)50,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Question no.’s 39 to 41 are based on the hypothetical situation given below :X Ltd issued 2,00,000 shares of 100 each. Amount to be paid on application 30 per share; on allotment 40 per share and on first & final call 30 per share. All money was duly subscribed and paid towards the nominal value of shares except on 9,000 shares who failed to pay allotment and calls money. These shares were forfeited. 5,000 shares were re-issued at 80 per share fully paid.Which amount of the following is balance in Share Forfeiture Account?a)4,00,000b)1,50,000c)1,20,000d)50,000Correct answer is option 'C'. Can you explain this answer?.

Solutions for Question no.’s 39 to 41 are based on the hypothetical situation given below :X Ltd issued 2,00,000 shares of 100 each. Amount to be paid on application 30 per share; on allotment 40 per share and on first & final call 30 per share. All money was duly subscribed and paid towards the nominal value of shares except on 9,000 shares who failed to pay allotment and calls money. These shares were forfeited. 5,000 shares were re-issued at 80 per share fully paid.Which amount of the following is balance in Share Forfeiture Account?a)4,00,000b)1,50,000c)1,20,000d)50,000Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.

Here you can find the meaning of Question no.’s 39 to 41 are based on the hypothetical situation given below :X Ltd issued 2,00,000 shares of 100 each. Amount to be paid on application 30 per share; on allotment 40 per share and on first & final call 30 per share. All money was duly subscribed and paid towards the nominal value of shares except on 9,000 shares who failed to pay allotment and calls money. These shares were forfeited. 5,000 shares were re-issued at 80 per share fully paid.Which amount of the following is balance in Share Forfeiture Account?a)4,00,000b)1,50,000c)1,20,000d)50,000Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Question no.’s 39 to 41 are based on the hypothetical situation given below :X Ltd issued 2,00,000 shares of 100 each. Amount to be paid on application 30 per share; on allotment 40 per share and on first & final call 30 per share. All money was duly subscribed and paid towards the nominal value of shares except on 9,000 shares who failed to pay allotment and calls money. These shares were forfeited. 5,000 shares were re-issued at 80 per share fully paid.Which amount of the following is balance in Share Forfeiture Account?a)4,00,000b)1,50,000c)1,20,000d)50,000Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Question no.’s 39 to 41 are based on the hypothetical situation given below :X Ltd issued 2,00,000 shares of 100 each. Amount to be paid on application 30 per share; on allotment 40 per share and on first & final call 30 per share. All money was duly subscribed and paid towards the nominal value of shares except on 9,000 shares who failed to pay allotment and calls money. These shares were forfeited. 5,000 shares were re-issued at 80 per share fully paid.Which amount of the following is balance in Share Forfeiture Account?a)4,00,000b)1,50,000c)1,20,000d)50,000Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Question no.’s 39 to 41 are based on the hypothetical situation given below :X Ltd issued 2,00,000 shares of 100 each. Amount to be paid on application 30 per share; on allotment 40 per share and on first & final call 30 per share. All money was duly subscribed and paid towards the nominal value of shares except on 9,000 shares who failed to pay allotment and calls money. These shares were forfeited. 5,000 shares were re-issued at 80 per share fully paid.Which amount of the following is balance in Share Forfeiture Account?a)4,00,000b)1,50,000c)1,20,000d)50,000Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Question no.’s 39 to 41 are based on the hypothetical situation given below :X Ltd issued 2,00,000 shares of 100 each. Amount to be paid on application 30 per share; on allotment 40 per share and on first & final call 30 per share. All money was duly subscribed and paid towards the nominal value of shares except on 9,000 shares who failed to pay allotment and calls money. These shares were forfeited. 5,000 shares were re-issued at 80 per share fully paid.Which amount of the following is balance in Share Forfeiture Account?a)4,00,000b)1,50,000c)1,20,000d)50,000Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Class 12 tests.