Shares credited as fully paid
Webb5 maj 2024 · No shares of stock against which the corporation holds any unpaid claim shall be transferable in the books of the corporation (RCC, S62). Still, holders of … Webb22 jan. 2009 · apply such sum on their behalf either in or towards paying up the amounts, if any, for the time being unpaid on any shares held by them respectively, or in paying up in …
Shares credited as fully paid
Did you know?
WebbB Limited Liabilities ` Assets ` Share Capital: Goodwill 62,000 Issued and fully paid Motor Car 1,26,000 50,000 Shares of ` 10 each 5,00,000 Furniture 58,000 Profit and Loss Account 45,000 Stock 2,40,000 Sundry Creditors 31,000 Sundry Debtors 70,000 Cash and Bank 20,000 5,76,000 5,76,000 It has been agreed that both these companies should be … WebbOf 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). Advertisement Remove all ads Solution Issued capital 2,000 shares of Rs 10 each at premium of Rs 2
WebbIn financial markets, a share is a unit of equity ownership in the capital stock of a corporation, and can refer to units of mutual funds, limited partnerships, and real estate … WebbOf these shares forfeited 1000 shares were sold to Krishnan credited as fully paid for Rs. 9 per share the whole of R’s shares being included. Solution: No. of shares allotted to R = 600 × = 500 Issue of shares for consideration other than cash Example 7:
WebbA Joint Stock Company was registered with a Nominal Capital of Rs.10,00,000 divided into 10,000 shares Rs.100 each payable Rs.10 per share on application, Rs.20 per share on … Webb4 apr. 2024 · The share exchange ratio for the amalgamation of HDFC Limited with and into HDFC Bank shall be 42 equity shares (credited as fully paid up) of face value of Re 1 each of HDFC Bank for every 25 ...
Webb(1) A public company must not allot shares as fully or partly paid up (as to their nominal value or any premium on them) otherwise than in cash if the consideration for the allotment is or...
eastern orthodox wedding ceremonyWebbför 14 timmar sedan · April 14 (Reuters) - Citigroup Inc's first-quarter profit beat Wall Street expectations as it earned more from borrowers paying higher interest on loans.. While its net interest income rose 23% to ... eastern orthopaedics and sports medicineWebbAll of these shares were re-issued as fully paid for Rs 8 per share. (iii) C Ltd.forfeited 600 shares of Rs 10 each fully called up for non-payment of allotment money of Rs 3 per share,first call of Rs 2 share and final call Rs 2 per share. 400 of these shares were re-issued as fully paid up at the maximum rate of discount allowed by law. eastern orthodoxy free online courseWebbOf 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 , ... Subscribed, Called-up and … eastern orthodoxy unforgivable sinWebb8 juni 2024 · The share exchange ratio shall be 42 equity shares, credited as fully paid up, of the face value of Re 1 each of HDFC Bank for every 25 fully paid-up equity shares of the face value of Rs 2 each of HDFC. As far as market capitalisation is concerned, India's biggest oil-to-chemical (O2C) ... eastern orthodox what happens when you dieWebbA partly paid share is a share in a company, which has only partially been paid compared to the full issue price. This means that investors like you and I can buy these shares by not paying the full issue price. The balance amount for partly paid shares can be made in instalments when calls are made by the company. eastern orthodox vs russian orthodoxWebb3 apr. 2024 · Share swap. The share exchange ratio shall be 42 equity shares, credited as fully paid up, of face value of Re 1 each of HDFC Bank for every 25 fully paid-up equity shares of face value of Rs 2 each of … eastern osprey sprat