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Of a company : 10000, 11% Redeemable Preference shares of ` 10 each fully paid-up; 5000, 10% Redeemable Preference shares of ` 10 each, ` 8 paid-up; 20000 Equity shares of ` 10 each fully paid-up; General Reserve ` 2,00,000; Profit & Loss Account ` 90,000 Securities Premium ` 15,000. Preference shares are redeemed at 10% premium to the extent possible. For this purpose 5000, ` 10 Equity shares are issued at 10% premium. Holders of 500, 11% Redeemable Preference shares are untraceable.?
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Of a company : 10000, 11% Redeemable Preference shares of ` 10 each fu...
And Loss Account ` 50,000.

To calculate the total amount of preference shares, we need to multiply the number of shares by their respective values:

11% Redeemable Preference shares of ` 10 each fully paid-up: 10000 x 10 = ` 1,00,000

10% Redeemable Preference shares of ` 10 each, ` 8 paid-up: 5000 x 8 = ` 40,000

The total amount of preference shares is ` 1,40,000.

To calculate the total equity shares, we need to multiply the number of shares by their respective values:

20000 Equity shares of ` 10 each fully paid-up: 20000 x 10 = ` 2,00,000

The total amount of equity shares is ` 2,00,000.

To calculate the total shareholders' funds, we need to add the total amount of preference shares, the total amount of equity shares, the general reserve, and the profit and loss account:

Total Shareholders' Funds = ` 1,40,000 + ` 2,00,000 + ` 2,00,000 + ` 50,000 = ` 5,90,000.

Therefore, the total shareholders' funds of the company are ` 5,90,000.
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Of a company : 10000, 11% Redeemable Preference shares of ` 10 each fully paid-up; 5000, 10% Redeemable Preference shares of ` 10 each, ` 8 paid-up; 20000 Equity shares of ` 10 each fully paid-up; General Reserve ` 2,00,000; Profit & Loss Account ` 90,000 Securities Premium ` 15,000. Preference shares are redeemed at 10% premium to the extent possible. For this purpose 5000, ` 10 Equity shares are issued at 10% premium. Holders of 500, 11% Redeemable Preference shares are untraceable.?
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Of a company : 10000, 11% Redeemable Preference shares of ` 10 each fully paid-up; 5000, 10% Redeemable Preference shares of ` 10 each, ` 8 paid-up; 20000 Equity shares of ` 10 each fully paid-up; General Reserve ` 2,00,000; Profit & Loss Account ` 90,000 Securities Premium ` 15,000. Preference shares are redeemed at 10% premium to the extent possible. For this purpose 5000, ` 10 Equity shares are issued at 10% premium. Holders of 500, 11% Redeemable Preference shares are untraceable.? 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 Of a company : 10000, 11% Redeemable Preference shares of ` 10 each fully paid-up; 5000, 10% Redeemable Preference shares of ` 10 each, ` 8 paid-up; 20000 Equity shares of ` 10 each fully paid-up; General Reserve ` 2,00,000; Profit & Loss Account ` 90,000 Securities Premium ` 15,000. Preference shares are redeemed at 10% premium to the extent possible. For this purpose 5000, ` 10 Equity shares are issued at 10% premium. Holders of 500, 11% Redeemable Preference shares are untraceable.? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Of a company : 10000, 11% Redeemable Preference shares of ` 10 each fully paid-up; 5000, 10% Redeemable Preference shares of ` 10 each, ` 8 paid-up; 20000 Equity shares of ` 10 each fully paid-up; General Reserve ` 2,00,000; Profit & Loss Account ` 90,000 Securities Premium ` 15,000. Preference shares are redeemed at 10% premium to the extent possible. For this purpose 5000, ` 10 Equity shares are issued at 10% premium. Holders of 500, 11% Redeemable Preference shares are untraceable.?.
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