InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 9701. |
Romi Ltd. acquired assets of ₹ 20 lakhs and took over creditors of ₹ 2 lakhs from Kapil Enterprises. Romi Ltd. issued 8% Debentures of ₹ 100 each at a discount of 10% as purchase consideration. Record necessary journal entries in the books of Romi Ltd. |
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Answer» n: Books of Romi Ltd. Journal Entries Particulars DEBIT Rs. Credit Rs. ASSETS A/c Dr. 20.00,000 To Creditors Ac 2,00,000 To Kapil Enterprises A/c 18,00,000 (Being assets purchased and Creditors took over from Kapil Enterprises ) Kapil Enterprises A/c Dr. 18,00,000 DISCOUNT on ISSUE of Debentures A/c Dr. 2,00,000 To 8%Debenture A/c 20,00,000 (Being issued 20,00 8% Debentures of Rs.100 each at discount of 10% to Kapil Enterprises) Working Note: Numbers of Debentures Issued = = = 20,000 debentures |
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| 9702. |
Exe Ltd. purchased the assets of the book value ₹4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros.It was agreed that the purchase consideration, settled at ₹ 3,80,000 be paid by issuing debentures of ₹ 100 each. Pass journal entries if debenture are issued: (a) at par (b) at a discount of 10% and (c) at a premium of 10%. It was agreed that any fraction of debentures be paid in cash. |
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Answer» . issued 5,000, 10% Debentures of ₹ 100 each on 1st April, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. Give journal entries for the YEAR ended 31st MARCH, 2016, assuming that the interest was payable half-yearly on 30th September and 31st March. Tax is to be deducted @ 10%.HIPE THIS HELPS |
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| 9703. |
Best Barcode Ltd. took a loan of ₹ 5,00,000 from a bank giving ₹ 6,00,000; 9% Debentures as collateral security. Pass journal entries regarding issue of debentures, if any, and show this loan in the Balance Sheet of the company. |
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Answer» the Revolutionary principles incorporated by Napoleon in administration of France during his REIGN where first he did away with PRIVILEGES of birth second equality before law third right to property for simplified administrative DIVISIONS abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and MEASURES at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoreexplain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?do same as this:-Question:-ΔABC is an isosceles triangle in which ∠C= 90° . If AC = 6 cm, then AB=A. 6√2 cmB. 6 cmC. 2√6 cmD. 4√2cm In triangle ABCLet tge altitude be AD on BCAC=25cmAB=25cmBC=14cmTherefore DC= 1/2*BC=1/2*14=7By Pythagoras theorem,AD^2+CD^2=AC^2AD^2+7^2=25^2AD^2+49=625AD^2=625-49AD^2=576AD=24Therefore altitude from A on BC is 24 cmRead more on Brainly.in the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in |
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| 9704. |
X Ltd. took over the assets of ₹ 6,60,000 and liabilities of ₹ 80,000 of Y Ltd. for ₹ 6,00,000. Give necessary journal entries in the books of X Ltd. assuming that: Case (a): The purchase consideration was payable 10% in cash and the balance in 5,400; 12% Debentures of ₹ 100 each. Case (b): The purchase consideration was payable 10% in cash and the balance in 4,500; 12% Debentures of ₹ 100 each issued at 20% premium. |
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Answer» UESTION IS VERY NICE DUDEYOUR ANSWER ISXYZ Ltd. issued 5,000, 10% Debentures of ₹ 100 each on 1st April, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. GIVE journal entries for the year ended 31st March, 2016, assuming that the INTEREST was payable half-yearly on 30th SEPTEMBER and 31st March. Tax is to be deducted @ 10%.HOPE IT'S HELP |
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| 9705. |
Romi Ltd. acquired assets of ₹ 20 lakhs and took over creditors of ₹ 2 lakhs from Kapil Enterprises. Romi Ltd. issued 8% Debentures of ₹ 100 each at a discount of 25% as purchase consideration. Record necessary journal entries in the books of Romi Ltd. |
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Answer» TE YOUR ANSWER ISA cylindrical JAR of radius 6 CM CONTAINS oil. Iron spheres each of radius 1.5 cm are immersed in the oil. How many spheres are necessary to RAISE the level of the oil by TWO centimetersHOPE THIS HELPS FOLLOW MEMARK AS BRAINLIEST |
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| 9706. |
X Ltd. took a loan of ₹ 3,00,000 from IDBI Bank. The company issued 4,000; 9% Debentures of ₹ 100 each as a collateral security for the same. Show how these items will be presented in the Balance Sheet of the company. |
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Answer» the REVOLUTIONARY principles incorporated by NAPOLEON in administration of France during his reign where first he did away with privileges of birth second EQUALITY before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and MANORIAL dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoredo same as this:-Question:-ΔABC is an isosceles triangle in which ∠C= 90° . If AC = 6 cm, then AB=A. 6√2 cmB. 6 cmC. 2√6 CMD. 4√2cm In triangle ABCLet tge altitude be AD on BCAC=25cmAB=25cmBC=14cmTherefore DC= 1/2*BC=1/2*14=7By Pythagoras theorem,AD^2+CD^2=AC^2AD^2+7^2=25^2AD^2+49=625AD^2=625-49AD^2=576AD=24Therefore altitude from A on BC is 24 cmRead more on Brainly.in |
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| 9707. |
X Ltd. issued 10% Debentures of nominal value of ₹ 10,00,000 as follows: (i) To sundry persons for cash at par ₹ 5,00,000 nominal. (ii) To a vendor for ₹ 5,50,000 for purchase of fixed assets ₹ 5,00,000 nominal. Pass journal entries in the books of X Ltd. |
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Answer» lA CYLINDRICAL jar of radius 6 CM CONTAINS oil. Iron SPHERES each of radius 1.5 cm are immersed in the oil. How many spheres are necessary to raise the level of the oil by TWO centimetersHOPE THIS HELPS |
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| 9708. |
Lotus Ltd. took over assets of ₹ 2,50,000 and liabilities of ₹ 30,000 of Goneby Company for the purchase consideration of ₹ 3,30,000. Lotus Ltd. paid the purchase consideration by issuing debentures of ₹ 100 each at 10% premium. Give journal entries in the books of Lotus Ltd. |
| Answer» UESTION IS VERY NICEIT'S ANSWER ISXYZ Ltd. ISSUED 5,000, 10% Debentures of ₹ 100 each on 1st April, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. GIVE journal entries for the year ended 31st March, 2016, assuming that the interest was payable half-yearly on 30th September and 31st March. Tax is to be deducted @ 10%.HOPE THIS HELPSMARK AS BRAINLIEST | |
| 9709. |
Reliance Ltd. purchased machinery costing ₹ 1,35,000. It was agreed that the purchase consideration be paid by issuing 9% Debentures of ₹ 100 each. Assume debentures have been issued (i) at par and (ii) at a discount of 10%. Give necessary journal entries. |
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Answer» RE YOUR QUESTION IS VERY NICEXYZ Ltd. ISSUED 5,000, 10% Debentures of ₹ 100 each on 1st April, 2015 at a discount of 10% REDEEMABLE at a premium of 10% after 4 YEARS. Give journal entries for the year ended 31st March, 2016, assuming that the interest was payable half-yearly on 30TH September and 31st March. Tax is to be DEDUCTED @ 10%.HOPE THIS HELPS |
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| 9710. |
R Ltd. purchased the assets of S Ltd. for ₹ 5,00,000. It also agreed to take over the liabilities of S Ltd. amounted to ₹ 2,00,000 for a purchase consideration of ₹ 2,80,000. The payment of S Ltd. was made by issue of 9% Debentures of ₹ 100 each at par. Pass necessary journal entries in the books of R Ltd. |
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Answer» TE YOUR ANSWER ISXYZ Ltd. ISSUED 5,000, 10% Debentures of ₹ 100 each on 1st April, 2015 at a discount of 10% REDEEMABLE at a PREMIUM of 10% after 4 years. Give journal entries for the year ended 31st March, 2016, assuming that the interest was payable half-yearly on 30th SEPTEMBER and 31st March. Tax is to be deducted @ 10%.HOPE IT'S ANSWER IS VERY NICEMARK AS BRAINLIEST |
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| 9711. |
X Ltd. took over the assets of ₹ 6,00,000 and liabilities of ₹ 80,000 of Y Ltd for an agreed purchase consideration of ₹ 6,00,000 payable 10% in cash and the balance by the issue of 12% Debentures of ₹ 100 each. Give necessary journal entries in the books of X Ltd., assuming that: Case (a): The debentures are issued at par. Case (b): The debentures are issued at 20% premium. Case (c): The debentures are issued at 10% discount. |
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Answer» . issued 5,000, 10% Debentures of ₹ 100 each on 1ST April, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. Give journal entries for the YEAR ended 31st March, 2016, assuming that the interest was PAYABLE half-yearly on 30th September and 31st March. Tax is to be deducted @ 10%.case a and case b seems to be similarhope this helps |
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| 9712. |
A limited company bought a Building for ₹ 9,00,000 and the consideration was paid by issuing 10% Debentures of the normal (face) value of ₹ 100 each at a discount of 10%. Give journal entries. |
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Answer» SWER IS VERY NICE DUDEANSWER OF YOUR QUESTION ISXYZ Ltd. ISSUED 5,000, 10% Debentures of ₹ 100 each on 1st APRIL, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. Give journal entries for the year ended 31st March, 2016, ASSUMING that the interest was payable half-yearly on 30th September and 31st March. Tax is to be deducted @ 10%.HOPE THIS HELPS MARK AS BRAINLIEST |
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| 9713. |
Perfect Barcode Ltd. purchased computers from M/s. Computer Mart and paid the consideration as follows: (a) 1,000, 10% Debentures of ₹ 100 each at a discount of 10% ; and (b) Issued a cheque for ₹ 80,000 for the balance amount. Pass the journal entry in the books of Perfect Barcode Ltd. |
| Answer» SORRY L don't KNOW about the ANSWER | |
| 9714. |
Newton Ltd. purchased a Machinery from B for ₹ 5,76,000 to be paid by the issue of 9% Debentures of ₹ 100 each at 4% discount. Journalise the trasactions. |
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Answer» E YOUR ANSWER ISfrom B for ₹ 5,76000 to Be Paid by the Issue of 9% DEBENTURES of ₹ 100 Each at 4 % Discount. Journalise the Trasactions.HOPE THIS HELPS |
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| 9715. |
Deepak Ltd purchased furniture of ₹ 2,20,000 from M/s. Furniture Mart. 50% of the amount was paid to M/s. Furniture Mart by accepting a Bill of Exchanged and for the balance the company issued 9% Debenture of ₹ 100 each at a premium of 10% in favour of M/s. Furniture Mart. Pass Journal entries in the books of Deepak Ltd. |
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Answer» Ltd. purchased furniture of Rs.2,20,000 from M/s. Furniture MART. 50% of the amount was paid to M/s. Furniture Mart by ACCEPTING a Bill of Exchange and for the balance the company issued 9%Debentures of Rs.100 each at a premium of 10% in FAVOUR of M/s. Furniture Mart. Pass Journal entries in the books of Deepak Ltd.Read more on Sarthaks.com - https://www.sarthaks.com/108472/deepak-ltd-purchased-furniture-of-rs-2-20-000-from-m-s-furniture-mart-50-of-the-amount |
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| 9716. |
Wye Ltd. purchased an established business for ₹ 2,00,000 payable as ₹ 65,000 by cheque and the balance by issuing 9% Debentures of ₹ 100 each at a discount of 10%. Give journal entries in the books of Wye Ltd. |
| Answer» TION:SORRY L don't KNOW about this QUESTION | |
| 9717. |
What is the bank Rate what are the effectects of changes in bank rate |
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| 9718. |
THIS. Uapital reservel 400OJ 26. एक कम्पनी के संचालकों ने ₹ 100 वाले ₹ 75 चुकता, 2,000 अंशों का हरण अन्तिम याचना के ₹ 25 न चुकाने के कारणहरण कर लिया। बाद में इन अंशों को ₹ 60 प्रति अंश में पूर्ण चुकता रूप में पुनः निर्गमित कर दिया।The directors of a company forfeited 2,000 shares of₹ 100 each,₹ 75 paid up, for non-payment of thefinal call of ₹ 25. Subsequently these shares were re-issued as fully paid for ₹ 60 per share.[Ans. Capital Reserve ₹ 70,000]OUSE |
| Answer» TE YOUR ANSWER ISA cylindrical JAR of radius 6 cm contains oil. Iron spheres each of radius 1.5 cm are immersed in the oil. How MANY spheres are necessary to raise the level of the oil by two centimetersPLEASE MARK AS BRAINLIESTFOLLOW ME!!! | |
| 9719. |
Amrit Ltd. was promoted by Amrit and Bhaskar with an authorised capital of ₹ 10,00,000 divide into 1,00,000 shares of ₹ 10 each. The company decided to issue 1,000, 6% Debentures of ₹ 100 each to Amrit and Bhaskar each for their services in incorporating the company. Pass journal entry. |
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Answer» the Revolutionary principles incorporated by Napoleon in administration of France during his REIGN where first he did away with privileges of birth SECOND equality before law third right to property for simplified ADMINISTRATIVE divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard WEIGHTS and MEASURES at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoreexplain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmore |
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| 9720. |
Alka Ltd. issued 5,000, 10% Debentures of ₹ 1,000 each at a discount of 10% redeemable at a premium of 5% after 5 years. According to the terms of issue ₹ 500 was payable on application and the balance amount on allotment of debentures. Record necessary entries regarding issue of 10% Debentures. |
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Answer» explain the revolutionary principles INCORPORATED by Napoleon in the administration of France during his REIGN?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law THIRD right to property for simplified administrative divisions abolished Federal systems 63 PIGEONS from ceftum and MANORIAL dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoreexplain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmore |
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| 9721. |
Iron Products Ltd. issued 5,000; 9% Debentures of ₹ 100 each at a premium of ₹ 40 payable as follows: (i) ₹ 40, including premium of ₹ 10 on applications; (ii) ₹ 45, including premium of ₹ 15 on allotment and (iii) Balance as first and final call. The issue was subscribed and allotment made. Calls were made and due amount was received. Pass Journal entries. |
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Answer» explain the REVOLUTIONARY principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for SIMPLIFIED administrative divisions abolished Federal SYSTEMS 63 pigeons from ceftum and manorial dues 7th uniform and standard WEIGHTS and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmore |
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| 9722. |
Vijay Laxmi Ltd. invited applications for 10,000; 12% Debentures of ₹ 100 each at a premium of ₹ 70 per debenture. The full amount was payable on application. Applications were received for 13,500 debentures. Applications for 3,500 debentures were rejected and application money was refunded. Debentures were allotted to the remaining applications. |
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Answer» explain the revolutionary principles incorporated by Napoleon in the administration of FRANCE during his REIGN?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where FIRST he did AWAY with privileges of birth second equality before law third right to property for simplified ADMINISTRATIVE divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmore |
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| 9723. |
X Ltd. issued 12,000; 8% Debentures of ₹ 100 each at a discount of 5% payable as 25% on application; 20% on allotment and balance after three months. Pass Journal entries. |
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Answer» the REVOLUTIONARY PRINCIPLES incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law THIRD right to PROPERTY for simplified administrative DIVISIONS abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmore |
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| 9724. |
Nipa Limited issued ₹ 10,00,000 Debentures of ₹ 100 each at a premium of 10%, payable 25% on application (including premium) and the balance on allotment. The debentures were applied for and the amount was dully received. You are required to give Journal entries and prepare Cash Book. |
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Answer» TE YOUR ANSWER ISdully received. You are required to give Journal entries and prepare CASH Book. ... Premium (RS 100 × 10%) = Rs 10. ∴ Issue ... Rs 25 including premium of Rs 10 (i.e. Rs 10 + 15).HOPE THIS HELPS MARK AS BRAINLIEST |
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| 9725. |
Raj Ltd. issued 5,000; 8% Debentures of ₹ 100 each at a premium of 5% payable as follows: ₹ 10 on application; ₹ 20 along with premium on allotment and balance on first and final call. Pass necessary Journal entries. |
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Answer» explain the REVOLUTIONARY principles incorporated by Napoleon in the administration of FRANCE during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second EQUALITY before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoredo same as this:-Question:-ΔABC is an ISOSCELES triangle in which ∠C= 90° . If AC = 6 cm, then AB=A. 6√2 cmB. 6 cmC. 2√6 cmD. 4√2cm Answer:-In triangle ABCLet tge altitude be AD on BCAC=25cmAB=25cmBC=14cmTherefore DC= 1/2*BC=1/2*14=7By Pythagoras theorem,AD^2+CD^2=AC^2AD^2+7^2=25^2AD^2+49=625AD^2=625-49AD^2=576AD=24Therefore altitude from A on BC is 24 cmRead more on Brainly.in do same as this:-Question:-ΔABC is an isosceles triangle in which ∠C= 90° . If AC = 6 cm, then AB=A. 6√2 cmB. 6 cmC. 2√6 cmD. 4√2cm Answer:-In triangle ABCLet tge altitude be AD on BCAC=25cmAB=25cmBC=14cmTherefore DC= 1/2*BC=1/2*14=7By Pythagoras theorem,AD^2+CD^2=AC^2AD^2+7^2=25^2AD^2+49=625AD^2=625-49AD^2=576AD=24Therefore altitude from A on BC is 24 cmRead more on Brainly.in explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?do same as this:-Question:-ΔABC is an isosceles triangle in which ∠C= 90° . If AC = 6 cm, then AB=A. 6√2 cmB. 6 cmC. 2√6 cmD. 4√2cm In triangle ABCLet tge altitude be AD on BCAC=25cmAB=25cmBC=14cmTherefore DC= 1/2*BC=1/2*14=7By Pythagoras theorem,AD^2+CD^2=AC^2AD^2+7^2=25^2AD^2+49=625AD^2=625-49AD^2=576AD=24Therefore altitude from A on BC is 24 cmRead more on Brainly.in |
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| 9726. |
Alok Ltd. issued 7,000, 10% Debentures of ₹ 500 each at a premium of ₹ 50 per debenture redeemable at a premium of 10% after 5 years. According to the terms of issue, ₹ 200 was payable on application and balance on allotment. Record necessary Journal entries at the time of issue of 10% Debentures. |
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Answer» Alok Ltd. issued 7,000, 10% Debentures of ₹ 500 each at a premium of ₹ 50 per debenture redeemable at a premium of 10% after 5 years. According to the terms of issue, ₹ 200 was payable on application and BALANCE on allotment.Record necessary Journal entries at the time of issue of 10% Debentures.Hope it helps brainly be brainly..just wanted to let you KNOW that I answer |
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| 9727. |
Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of ₹ 100 each at a premium of ₹ 35 per debenture. The full amount was payable on application. Applications were received for 10,000 Debentures. Allotment was made to all the applications on pro rata. Pass necessary Journal entries for the above transactions in the books of Narain Laxmi Ltd. |
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Answer» the Revolutionary PRINCIPLES incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth SECOND equality before law third RIGHT to property for simplified ADMINISTRATIVE divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and MEASURES at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoreexplain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoreடாபரினீர் மும்மை விதியில் நடு தனிமத்தின்அணு எடையானது முதல் மற்றும் மூன்றாம்அணு நிறையின் ------------ ஆகும்.டாபரினீர் மும்மை விதியில் நடு தனிமத்தின்அணு எடையானது முதல் மற்றும் மூன்றாம்அணு நிறையின் ------------ ஆகும். |
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| 9728. |
ABC Ltd. issued 40,000; 10% Debentures of ₹ 100 each at par for cash payable in full along with the application. Applications were received for 60,000 debentures. Debentures were allotted and excess application money was refunded. Pass Journal entries in the books of the company. |
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Answer» tion:the Revolutionary principles INCORPORATED by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law THIRD right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7TH uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoreexplain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmore |
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| 9729. |
A Ltd. issued 2,000; 9% Debentures of ₹ 100 each on the following terms: ₹ 20 on applications ; ₹ 20 on allotment ; ₹ 30 on first call ; ₹ 30 on final call. The public applied for 2,400 debentures. Applications for 1,800 debentures were accepted in full. Applications for 400 debentures were allotted 200 debentures and applications for 200 debentures were rejected. Pass necessary Journal entries. |
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Answer» explain the revolutionary principles incorporated by Napoleon in the administration of FRANCE during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law THIRD right to property for SIMPLIFIED ADMINISTRATIVE divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and MEASURES at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoreexplain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmore |
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| 9730. |
Vishwas Ltd. issued 2,000; 9% Debentures of ₹ 100 each payable as follows: ₹ 25 on application; ₹ 25 on allotment and ₹ 50 on first and final call. Applications were received for all the debentures along with the application money did allotment was made. Call money was also received on the due date. Pass necessary Journal entries in the books of the company. |
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Answer» the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7TH uniform and standard weights and measures at uniform TRADE rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoreexplain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoredo same as this:-Question:-ΔABC is an isosceles triangle in which ∠C= 90° . If AC = 6 cm, then AB=A. 6√2 cmB. 6 cmC. 2√6 cmD. 4√2cm In triangle ABCLet TGE altitude be AD on BCAC=25cmAB=25cmBC=14cmTherefore DC= 1/2*BC=1/2*14=7By Pythagoras theorem,AD^2+CD^2=AC^2AD^2+7^2=25^2AD^2+49=625AD^2=625-49AD^2=576AD=24Therefore altitude from A on BC is 24 cmRead more on Brainly.in |
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| 9731. |
XYZ Ltd. issued a prospectus inviting applications for 2,000 shares of ₹ 10 each at a premium of ₹ 4 per share payable as: On application – ₹ 6 (including ₹ 1 premium) On allotment – ₹ 2 (including ₹ 1 premium) On first call – ₹ 3 (including ₹ 1 premium) On second and final call – ₹ 3 (including ₹ 1 premium) Applications were received for 3,000 shares and pro rata allotment was made on the applications for 2,400 shares. It was decided to utilise excess application money towards the amount due on allotment. X, to whom 40 shares were allotted, failed to pay the allotment money and on his subsequent failure to pay the first call his shares were forfeited. Y, who applied for 72 shares failed to pay the two calls and on his such failure his shares were forfeited. Of the shares forfeited 80 shares were sold to Z credited as fully paid-up for ₹ 9 per share the whole of Y’s shares being included. Prepare Journal, Cash Book and the Balance Sheet. |
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Answer» rnal, Cash Book and the Balance SHEET are PREPARED below:Explanation:Applied shares 3000Calculation of X's Shares Number of share applied Calculation of Y's Share No. of shares alloted CAPITAL Reserve on re-issue of 20 shares of X - Rs.100Add Capital Reserve on reissue of 60 shares of Y - Rs. 300TOTAL Capital Reserve on 80 shares = Rs. 100 + Rs.300 = Rs. 400Thus, the total Capital Reserve on 80 shares is Rs. 400 |
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| 9732. |
The Directors of Super Star Ltd. invited applications for 2,00,000 Equity Shares of ₹ 10 each to be issued at 20% premium. The money payable per shares was: on application ₹ 5 , O allotment ₹ 4 (including premium of ₹ 2), first call ₹ 2 and final call ₹ 1. Applications were received for 2,40,000 shares and allotment was made as: (i) to applicants for 1,00,000 shares in – full, (ii) to applicants for 80,000 shares – 60,000 shares, (iii) to applicants for 60,000 shares – 40,000 shares. Applicants of 1,000 shares falling in Category (i) and applicants of 1,200 shares falling in Category (ii) failed to pay allotment money. These shares were forfeited on failure to pay first call. Holders of 1,200 shares falling in Category (iii) failed to pay the first and final call and these shares were forfeited after final call. 1,300 shares [1,000 of Category(i) and 300 of Category (ii)] were reissued at ₹ 8 per share as fully paid-up. Journalise the above transactions. Prepare Cash book and Balance Sheet. |
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Answer» , energy DEMAND from HYDROPOWER is often high in the hot/summer season when crops are ALSO thirstiestHope it's HELP Mark as brainliest FOLLOW me |
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| 9733. |
Super Star Ltd. issued a prospectus inviting applications for 2,000 shares of ₹ 10 each at a premium of ₹ 2 per share payable as: Applications were received for 3,000 shares and pro rata allotment was made on the applications for 2,400 shares. It was decided to utilise excess application money towards the amount due on allotment. Ramesh, to whom 40 shares were allotted, failed to pay the allotment money and on his subsequent failure to pay the first call, his shares were forfeited. Rajesh, who applied for 72 shares failed to pay the two calls and on such failure, his shares were forfeited. Of the shares forfeited, 80 shares were sold to Krishan credited as fully paid-up for ₹ 9 per share, the whole of Ramesh’s shares being included. Give journal entries to record the above transactions (including cash transactions). |
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Answer» Finally, energy demand from hydropower is often high in the hot/summer SEASON when crops are ALSO thirstiestHope it's helpMark as brainliest FOLLOW me |
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| 9734. |
Amrit Ltd. issued 50,000 shares of ₹ 10 each at a premium of ₹ 2 per share payable as ₹ 3 on application, ₹ 4 on allotment (including premium), ₹ 2 on first call and the remaining on second call. Applications were received for 75,000 shares and pro rata allotment was made to all the applicants. All moneys due were received except allotment and first call from Sonu who applied for 1,200 shares. All his shares were forfeited. The forfeited shares were reissued for ₹ 9,600. Final call was not made. Pass necessary Journal entries. |
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Answer» TE YOUR ANSWER ISAll moneys DUE were received except allotment and first call from Sonu who APPLIED for 1,200 shares. All his shares were forfeited. The forfeited shares were reissued for ₹ 9,600. Final call was not MADE. Pass necessary Journal entriesHOPE THIS HELPS ❤️PLEASE MARK AS BRAINLIEST ❤️❤️ |
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| 9735. |
Bharat Ltd. invited applications for issuing 2,00,000 Equity Shares of ₹ 10 each. The amount was payable as: On application ₹ 3 per share, on allotment ₹ 5 per share and on first and final call ₹ 2 per share. Applications for 3,00,000 shares were received and pro rata allotment was made to all the applicants on the following basis: Applicants for 2,00,000 shares were allotted 1,50,000 shares on pro rata basis. Applicants for 1,00,000 shares were allotted 50,000 shares on pro rata basis. Bajaj, who was allotted 3,000 shares out of group applying for 2,00,000 shares failed to pay the allotment money. His shares were forfeited immediately after allotment. Sharma, who had applied for 2,000 shares out of the group applying for 1,00,000 shares failed to pay the first and final call. His shares were also forfeited. Out of the forfeited shares 3,500 shares were reissued as fully paid-up @ ₹ 8 per share. The reissued shares included all the forfeited shares of Bajaj. Give necessary journal entries to record the above transactions. |
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Answer» , ENERGY demand from hydropower is often HIGH in the hot/summer season when CROPS are also thirstiestHope it's helpMark as brainliest FOLLOW me |
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| 9736. |
X Ltd. issued a prospectus inviting applications for 50,000 Equity Shares of ₹ 10 each, payable ₹ 5 as per application (including ₹ 2 as premium), ₹ 4 as per allotment and the balance towards first and final call. Applications were received for 65,000 shares. Application money received on 5,000 shares was refunded with letter of regret and allotments were made on pro rata basis to the applicants of 60,000 shares. Money overpaid on applications including premium was adjusted on account of sums due on allotment. Mr Sharma to whom 700 shares were allotted failed to pay the allotment money and his shares were forfeited by the Directors on his subsequently failure to pay the call money. All the forfeited shares were subsequently sold to Mr.Jain credited as fully paid-up for ₹ 9 per share. You are required to set out the journal entries and the relevant entries in the Cash Book. |
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Answer» Finally, energy demand from HYDROPOWER is OFTEN high in the hot/summer SEASON when CROPS are also thirsties Hope it's helpMark as brainliest Follow me |
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| 9737. |
A company issued for public subscription 40,000 Equity Shares of ₹ 10 each at a premium of ₹ 2 per share payable as: Applications were received for 60,000 shares. Allotment was made on pro rata basis to the applicants for 48,000 shares, the remaining applications being refused. Money overpaid on application was utilised towards sums due on allotment. Ram to whom 1,600 shares were allotted failed to pay the allotment money and Shyam to whom 2,000 shares were allotted failed to pay the two calls. These shares were subsequently forfeited after the second and final call was made. All the forfeited shares were reissued as fully paid-up @ ₹ 8 per share. Give necessary Journal entries for the above transactions. |
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Answer» tions were received for 60,000 shares. Allotment was made on pro rata basis to the applicants for 48,000 shares, the remaining applications being refused. Money overpaid on application was utilised towards sums due on allotment. Ram to whom 1,600 shares were allotted failed to pay the allotment money and SHYAM to whom 2,000 shares were allotted failed to pay the two calls. These shares were subsequently forfeited after the second and final call was made. All the forfeited shares were reissued as fully paid-up @ RS. 8 per share. GIVE NECESSARY JOURNAL entries for the above transactions.Hope it's helPMark as brainliest Follow me |
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| 9738. |
XYZ Ltd. invited applications for issuing 50,000 Equity Shares of ₹10 each. The amount was payable as: Applications were received for 75,000 shares and pro rata allotment was made as: Applicants for 40,000 shares were allotted 30,000 shares on pro rata basis. Applicants for 35,000 shares were allotted 30,000 shares on pro rata basis. Ramu, to whom 1,200 shares were allotted out of the group applying for 40,000 shares, failed to pay the allotment money. His shares were forfeited immediately after allotment. Shamu, who had applied for 700 shares out of the group applying for 35,000 shares, failed to pay the first and final call. His shares were also forfeited. Out of the forfeited shares, 1,000 shares were reissued @ Applicants for 40,000 shares were allotted 30,000 shares on pro rata basis. 8 per share as fully paid-up. The reissued shares included all the forfeited shares of Shamu. Pass necessary Journal entries to record the above transactions. |
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Answer» essary Journal entries to record the given transactions are prepared below:Explanation:ISSUED 1,000 equity Share of Rs.10 each Applied 1,800 sharesRumu's Share No. of shares applied Shamu's Shares No. of shares alloted to FIRST and Final Call First and Final Call DUE Less: Calls-in-Arrears by Shamu Money received on of First and Final Call - Rs. 1,45,200Calculation Capital Reserve Capital Reserve Shares reissued out the shares forfeited from Ramu =1,000 shares - Shamu's shares shares on re-issue Ramu's sharesCapital Reserve after re-issue of 400 shares = Share Forfeiture after re-issue (PER share) shares Total amount of Capital Reserve = Capital Reserve of 600 Shares + Capital Reserve of 400 shares |
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| 9739. |
Prince Limited issued a prospectus inviting applications for 20,000 equity shares of ₹ 10 each at a premium of ₹ 3 per share payable as follows: Applications were received for 30,000 shares and allotment was made on pro rata basis. Money overpaid on application s was adjusted to the amount due on allotment. Mr. Mohit whom 400 shares were allotted, failed to pay the allotment money and the first call and his shares were forfeited after the first call. Mr. Joly, whom 600 shares were allotted failed to pay for the two calls and hence, his shares were forfeited. Of the shares forfeited, 800 shares were reissued to Supriya as fully paid for ₹ 9 per share, the whole of Mr Mohit’s shares being included. |
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Answer» explain the revolutionary principles incorporated by NAPOLEON in the ADMINISTRATION of France during his REIGN?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th UNIFORM and standard weights and measures at uniform TRADE rulesRead more on Brainly.in - brainly.in/question/2546254#readmore |
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| 9740. |
Raja Ltd. invited applications for issuing 50,000 Equity Shares of ₹ 10 each. The amount was payable as follows: Applications for 70,000 shares were received. Allotment was made to all applicants on pro rata basis. Excess money received on application was adjusted towards sums due on allotment. Ramesh, who had applied for 700 shares did not pay the allotment money and on his failure to pay the allotment money his shares were forfeited. Afterwards, the first and the final call was made. Adhar, who had been allotted 500 shares, did not pay the first and final call. His shares were also forfeited. Out of the forfeited shares 900 shares were reissued at ₹ 8 per share as fully paid-up. The reissued shares included all the shares of Ramesh. Pass necessary journal entries for the above transactions in the books of the company. |
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Answer» essary JOURNAL entries for the above transactions in the books of the company are prepared below:Explanation:Shares applied by Ramesh : 700 shares Shares ALLOTED : Application Money received from Ramesh Less: Application money due on allotted shares Excess application money adjusted on ALLOTMENT - Rs. 600Allotment money due on Share allotted Less : Excess application money received - Rs. 600Allotment money due but not received - Rs. 1900Allotment due (Gross) Less: Adjusted - Rs. 60,000Less : Calls-in-Arrears - Rs. 1900Allotment due (Gross) - Adjusted - Calls-in-Arrears = Rs. 1,88,100 Forfeiture of 500 shares issued to Adhar Amount due on First and Final CALL Total amount due on First and Final Call Less: Calls-in-Arrears - Rs. 1000Total amount due on First and Final Call - Calls-in-Arrears - Rs. 98,000Share Forfeiture on Ramesh's - Rs. 2100Properties Share Forfeiture on Adhar's Shares Total = Share Forfeiture on Ramesh's + Properties Share Forfeiture on Adhar's Shares = Rs. 2100 + Rs. 3200 = Rs. 5300Less: Loss on re-issue - Rs. 1800Profit on re-issue transferred capital reserve - Rs. 3500 |
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| 9741. |
XYZ Ltd. is registered with an authorised capital of ₹ 2,00,000 divided into 2,000 shares of ₹ 100 each of which 1,000 shares were offered for public subscription at a premium of ₹ 5 per share, payable as: Applications were received for 1,800 shares, of which applications for 300 shares were rejected outright; the rest of the application were allotted 1,000 shares on pro rata basis. Excess application money was transferred to allotment. All the money was duly received except from Sundar, holder of 100 shares, who failed to pay allotment and first call money. His shares were later forfeited and reissued to Shyam at ₹ 60 per share ₹ 70 paid-up. Final call has not been made. Pass necessary Journal entries and prepare Cash Book in the books of XYZ Limited. |
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Answer» tion:XYZ Ltd. is registered with an authorised capital of ₹ 2,00,000 divided into 2,000 shares of ₹ 100 each of which 1,000 shares were offered for PUBLIC subscription at a premium of ₹ 5 per share, payable as:APPLICATIONS were received for 1,800 shares, of which applications for 300 shares were rejected outright; the rest of the application were allotted 1,000 shares on pro rata BASIS. Excess application money was transferred to allotment.Pass necessary Journal entries and PREPARE Cash Book in the books of XYZ Limited. |
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| 9742. |
Nitro Paints Ltd. invited applications for issuing 1,60,000 equity shares of ₹ 10 each at a premium of ₹ 3 per share. The amount was payable as follows: Applications for 1,80,000 shares were received. Applications for 10,000 shares were rejected and pro rata allotment was made to the remaining applicants. Over payment received on application was adjusted towards sums due on allotment. All calls were made and were duly received except allotment and final call from Aditya who was allotted 3, 200 shares. His shares were forfeited. Half of the forfeited shares were reissued for ₹ 43,000 as fully paid-up. Pass necessary journal entries for the above transactions in the books of Nitro Paints Ltd. |
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Answer» the Revolutionary principles incorporated by Napoleon in ADMINISTRATION of France during his reign where first he did AWAY with PRIVILEGES of birth second equality before law third RIGHT to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform TRADE rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoreexplain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?do same as this:-Question:-ΔABC is an isosceles triangle in which ∠C= 90° . If AC = 6 cm, then AB=A. 6√2 cmB. 6 cmC. 2√6 cmD. 4√2cm In triangle ABCLet tge altitude be AD on BCAC=25cmAB=25cmBC=14cmTherefore DC= 1/2*BC=1/2*14=7By Pythagoras theorem,AD^2+CD^2=AC^2AD^2+7^2=25^2AD^2+49=625AD^2=625-49AD^2=576AD=24Therefore altitude from A on BC is 24 cmRead more on Brainly.in ♥️♥️ |
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| 9743. |
JJK Ltd. invited applications for issuing 50,000 equity shares of ₹ 10 each at par. The amount was payable as follows: On Application ₹ 2 per share, On Allotment ₹ 4 per share; and On First and Final call Balance Amount. The issue was oversubscribed three times. Applications for 30% shares were rejected and money refunded. Allotment was made to the remaining applicants as follows: Excess money paid by the applicants who were allotted shares was adjusted towards sums due on allotment. Deepak, a shareholder belonging to Category I , who had applied for 1,000 shares ,failed to pay the allotment money. Raju, a shareholder holding 100 shares, also failed to pay the allotment money. Raju belonged to Category II. Shares of both Deepak and Raju were forfeited immediately after allotment. Afterwards, first and final call was made and was duly received. The forfeited shares of Deepak and Raju were reissued at ₹ 11 per share fully paid-up. Pass necessary journal entries for the above transactions in the books of company. |
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Answer» essary journal entries for the GIVEN transactions in the books of COMPANY are prepared below:Explanation:Calculation of Amount Received on Allotment Amount Due on Allotment - Rs. 2,00,000Less: Excess Received - Rs. 1,10,000 Balance to be Received - Rs. 90,000 Less: Amount not paid by Deepak - Rs. 1,000 Less: Amount not paid by Raju - Rs. 100Total Amount received on Allotment - Rs. 88,900 Shares Allotted to Deepak Calculation of Shares Applied/Allotted Shares Applied by Raju Amount not paid by Deepak on Allotment Amount received on Application - Rs. 2000Less: TRANSFERRED to Share Capital - Rs. 1,000 Excess received on Application - Rs. 1,000 Amount due on allotment - Rs. 2000Less: Excess adjustment - Rs.1,000Amount unpaid by Deepak - Rs. 1,000 Amount not paid by Raju on Allotment Amount received on Application - Rs. 500 Less: Transferred to Share Capital - Rs. 200 Excess received on Application - Rs. 300 Amount due on allotment - Rs. 400 Less: Excess adjustment - Rs. 300 Amount unpaid by Raju - Rs. 100 |
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| 9744. |
Dogra Ltd. had an authorised capital of ₹ 1,00,00,000 divided into Equity Shares of ₹ 100 each. The company offered 84,000 shares to the public at premium. The amount was payable as follow: Applications were received for 80,000 shares. All sums were duly received except the following: Lakhan, a holder of 200 shares did not pay allotment and call money. Paras, a holder of 400 shares did not pay call money. The company, forfeited the shares of Lakhan and Paras. Subsequently the forfeited shares were reissued for ₹ 80 per share as fully paid-up. Show the entries for the above transactions in the Cash Book and journal of the company. |
| Answer» E your answer ISHE had to 800 RUPEES per month and for DAY he had to pay 80 rupees per day henceforth the entries for the above transaction shows in the cash BOOK and journal of the cpany | |
| 9745. |
Jeevan Dhara Ltd. invited applications for issuing 1,20,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share. The amount was payable as follows: Applications for 1,50,000 shares were received. Shares were allotted to all the applicants on pro rata basis. Excess money received on applications was adjusted towards sums due on allotment. All calls were made. Manu who had applied for 3,000 shares failed to pay the amount due on allotment and first and final call Madhur who was allotted 2,400 shares failed to pay the first and final call. Shares of both Manu and Madhur were forfeited. The forfeited shares were reissued at ₹ 9 per share as fully paid-up. Pass necessary journal entries for the above transactions in the books of Jeevan Dhara Ltd. |
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Answer» the REVOLUTIONARY principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for SIMPLIFIED ADMINISTRATIVE divisions abolished Federal SYSTEMS 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmorethe Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesexplain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?ΔABC is an isosceles triangle in which ∠C= 90° . If AC = 6 cm, then AB=A. 6√2 cmB. 6 cmC. 2√6 cmD. 4√2cmdo same as this:-Question:-ΔABC is an isosceles triangle in which ∠C= 90° . If AC = 6 cm, then AB=A. 6√2 cmB. 6 cmC. 2√6 cmD. 4√2cm In triangle ABCLet tge altitude be AD on BCAC=25cmAB=25cmBC=14cmTherefore DC= 1/2*BC=1/2*14=7By Pythagoras theorem,AD^2+CD^2=AC^2AD^2+7^2=25^2AD^2+49=625AD^2=625-49AD^2=576AD=24Therefore altitude from A on BC is 24 cmRead more on Brainly.in Read more on Brainly.in - brainly.in/question/2546254#readmore |
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| 9746. |
Alfa Ltd. invited applications for issuing 75,000 equity shares of ₹ 10 each. The amount was payable as follows: Applications for 1,00,000 shares were received. Shares were allotted to all the applicants on pro rata basis and excess money received with applications was transferred towards sums due on first call. Vibha who was allotted 750 shares failed to pay the first call. Her shares were immediately forfeited. Afterwards the second call was made. The amount due on second call was also received except on 1,000 shares applied by Monika. Her shares were also forfeited. All the forefited shares were reissued to Mohit for ₹9,000 as fully paid-up. Pass necessary journal entries in the Books of Alfa Ltd. for the above transactions. |
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Answer» explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?do same as this:-Question:-ΔABC is an ISOSCELES triangle in which ∠C= 90° . If AC = 6 cm, then AB=A. 6√2 cmB. 6 cmC. 2√6 cmD. 4√2cm In triangle ABCLet tge altitude be AD on BCAC=25cmAB=25cmBC=14cmTherefore DC= 1/2*BC=1/2*14=7By Pythagoras THEOREM,AD^2+CD^2=AC^2AD^2+7^2=25^2AD^2+49=625AD^2=625-49AD^2=576AD=24Therefore altitude from A on BC is 24 cmRead more on Brainly.in explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?explain the revolutionary principles incorporated by Napoleon in the administration of France during his reign?the Revolutionary principles incorporated by Napoleon in administration of France during his reign where FIRST he did away with PRIVILEGES of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in |
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| 9747. |
H Limited issued a prospectus inviting applications for 20,000 shares of ₹ 10 each at a premium of ₹ 2 per share payable as follows: On application ₹ 2 ; on allotment ₹ 5 (including premium) ; on first call ₹ 3 ; on second and final call ₹ 2. Applications were received for 30,000 shares and pro rata allotment was made on the applications for 24,000 shares. Money overpaid on applications was adjusted against amount due on allotment. Ramesh, to whom 400 shares were allotted, failed to pay the allotment money and on his subsequent failure to pay first call his shares were forfeited . Mohan, the holder of 600 shares, failed to pay two calls and his shares were forfeited after the second call. Of the shares forfeited, 800 shares were sold to Krishna credited as fully paid-up for ₹ 9 per share, the whole of Ramesh’s shares being included. Pass journal entries and prepare the Balance Sheet. |
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Answer» rnal entries and the Balance Sheet are prepared and calculated below:EXPLANATION:Calculation of Allotment Money Received Shares Alloted to Ramesh Shares applied by Ramesh Excess APPLICATION money received Allotment money due from Ramesh Amount not received from Ramesh Calculation of CAPITAL Reserve Share Forfeiture (400 shares of Ramesh) Share Forfeiture ( 600 shares of Mohan) Share Forfeiture of 400 shares of Mohan Balance in Share Forfeiture CR. Balance in Share Forfeiture Dr. Capital Reserve = Balance in Share Forfeiture Cr. - Balance in Share Forfeiture Dr. |
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| 9748. |
Himalaya Company Limited issued for public subscription 1,20,000 equity shares of ₹ 10 each at a premium for ₹ 2 per share payable as under: Applications were received for 1,60,000 shares. Allotment was made on pro rata basis. Excess money on application were adjusted against the amount due on allotment. Rohan to whom 4,800 shares were allotted failed to pay for the two calls. These shares were subsequently forfeited after the second call was made. All the shares forfeited were reissued to Teena as fully paid at ₹ 7 per share. Record journal entries and show the transactions relating to share capital in the company’s Balance Sheet. |
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Answer» explain the revolutionary principles incorporated by Napoleon in the administration of FRANCE during his reign?Explanation:the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of BIRTH SECOND equality before law third RIGHT to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in ♥️♥️ |
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| 9749. |
Sukanya Ltd. invited applications for issuing 1,00,000 equity shares of ₹ 10 each. The shares were issued at a premium of ₹ 20 per share. The amount was payable as follows: Applications for 96,000 shares were received. Rohit, a shareholder holding 7,000 shares, failed to pay both the calls and Namit a holder of 5,000 shares, did not pay the final call. Shares of Rohit and Namit were forfeited. Of the forfeited shares 8,000 shares including all the shares of Rohit were reissued to Reena at ₹ 8 per share fully paid-up. Pass necessary journal entries for the above transactions in the books of Sukanya Ltd. |
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Answer» TE YOUR ANSWER ISApplications for 96,000 shares were received. ROHIT, a shareholder holding 7,000 shares, failed to pay both the calls and Namit a holder of 5,000 shares, did not pay the final call.Shares of Rohit and Namit were forfeited. Of the forfeited shares 8,000 shares including all the shares of Rohit were reissued to Reena at ₹ 8 per share fully paid-up.Pass necessary journal ENTRIES for the above transactions in the BOOKS of Sukanya Ltd.HOPE THIS HELPS ❤️PLEASE MARK AS BRAINLIEST ❤️❤️ |
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| 9750. |
VXN Ltd. invited applications for issuing 50,000 equity shares of ₹ 10 each at a premium of ₹ 8 per share. The amount was payable as follows: The issue was fully subscribed. Gopal, a shareholder holding 200 shares, did not pay the allotment money and Madhav, a holder of 400 shares, paid his entire share money along with the allotment money. Gopal’s shares were immediately forfeited after allotment. Afterwards, the first call was made. Krishna, a holder of 100 shares failed to pay the first call money and Girdhar, a holder of 300 shares, paid the second call money also along with the first call. Krishna’s shares were forfeited immediately after the first call. Second and final call was made afterwards and was duly received. All the forfeited shares were reissued at ₹ 9 per share fully paid-up. Pass necessary journal entries for the above transactions in the books of the company. |
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Answer» TE YOUR ANSWER ISGirdhar, a holder of 300 SHARES, paid the second call money also along with the first call. Krishna’s shares were forfeited immediately after the first call. Second and final call was made afterwards and was duly received. All the forfeited shares were REISSUED at ₹ 9 PER share fully paid-up.Pass necessary journal entries for the above transactions in the BOOKS of the company.HOPE THIS HELPS ❤️PLEASE MARK AS BRAINLIEST ❤️❤️❤️ |
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