Login
Get Advice on Live Video Call
Earn $ Cash $ with
consultations on Bissoy App

A holds 100 shares of Rs. 10 each on which he has paid Rs. 1 per share on application . B holds 200 shares of Rs. 10 each on which he had paid Rs. 1 a

Monjur Alahi

A holds 100 shares of Rs. 10 each on which he has paid Rs. 1 per share on application .
B holds 200 shares of Rs. 10 each on which he had paid Rs. 1 and Rs. 2 per share on application and allotment respectively.
C holds 300 shares of Rs. 10 each and has paid Rs. 1 on application, Rs. 2 on allotment and Rs. 3 on first call.
They all fail to pay their arrears and the second call of Rs. 2 per share. Shares are forfeited and subseqently reissued @ Rs. 11 per share as fully paid-up.
Journalise the above.


0 like 0 dislike
1 views
Share with your friends

1 Answers

Salim Ahmed Kawsar

Call

Correct Answer - Capital Reserve-Rs. 2,500.

0 like 0 dislike
1 views
Prove that `^100 C_2^(100)C_2+^(100)C_2^(100)C_4+^(100)C_4^(100)C_6++^(100)C_(98)^(100)C_(100)=1/2[^(200)C_(98)-^(100)C_(49)]dot`

To find `S = .^(100)C_(0).^(100)C_(2)+.^(100)C_(2).^(100)C_(4)+.^(100)C_(4).^(100)C_(6)+"....."+.^(100)C_(98).^(100)C_(100)` Consider, `.^(100)C_(0).^(100)C_(2)+.^(100)C_(1).^(100)C_(3) + .^(100)C_(2).^(100)C_(4)+.^(100)C_(3)+.^(100)C_(5)+"...." + .^(100)C_(98).^(100)C_(100)` `= .^(100)C_(0).^(100)C_(98)+.^(100)C_(1).^(100)C_(97) + .^(100)C_(2).^(100)C_(96)+.^(100)C_(3).^(100)C_(95) + "....."+^(100)C_(98) .^(100)C_(0)` = Coefficients of `x^(98)` in `(1+x)^(100) (1+x)^(100)` `= .^(200)C_(98) " "(1)` Also,...

2 Answers 1 views
The value of `((100),(0))((200),(150))+((100),(1))((200),(151))+......+((100),(50))((200),(200))` equals (where `((n),(r ))="^(n)C_(r)`)

Correct Answer - A `(a)` Writing `((200),(r ))=((200),(200-r))`, we have `((100),(0))((200),(50))+((100),(1))((200),(49))+((100),(2))((200),(48))+......+((100),(50))((200),(0))` `=` Coefficient of `x^(50)` in the expansion of `(1+x)^(100)(x+1)^(200)` `=` Coefficient of `x^(50)` in the binomial expansion of `(1+x)^(300)` `=((300),(50))`

2 Answers 2 views
Y Ltd. forfeited 100 equity shares of Rs. 10 each for non-payment of first call of Rs. 2 per share. The final call of Rs. 2 per share was yet to be ma

Correct Answer - Rs. 6 per share

2 Answers 1 views
A company invited applications for 75,000 equity shares of Rs. 100 each. The application money received @ Rs. 30 per share was Rs. 27,00,000. Name the

Correct Answer - Oversubscription.

2 Answers 1 views
Sugandh Ltd. issued 60,000 shares of Rs. 10 each at a premium of Rs. Per share payable as Rs. 3 on application, Rs. 5 (including premium) on allotment

Correct Answer - Amount received on allotment-Rs. 2,05,800.

2 Answers 7 views
X Ltd. forfeited 900 Equity Shares of Rs. 100 each for the non-payment of allotment money of Rs. 30 pe share and the first call of Rs. 20 per share. T

Correct Answer - Capital Reserve-Rs. 22,500.

2 Answers 1 views
Super Star Ltd. makes an issue of 10,000 Equity Shares of Rs. 100 each, payable as: `{:("On application and allotment"," Rs. 50 per share,"),("On firs

Correct Answer - Capital Reserve-Rs. 5,000.

2 Answers 1 views
Sunshine Ltd. issued 20,000 shares of Rs. 100 each payable Rs. 25 per share on application, Rs. 25 per share on allotment and the balance in two calls

Correct Answer - Capital Reserve-Rs. 18,000.

2 Answers 1 views
X Ltd. forfeited 100 shares of Rs. 10 each (Rs. 8 called-up) issued at a premium of Rs. 2 per share to Mr. R, on which he had paid application money o

Correct Answer - Capital Reserve-Rs. 280.

2 Answers 1 views
The paid-up capital of a company is Rs.50,000. If the company has shares of face of Rs.25 in which Rs.20 is paid-up, then how many shares does it have

Correct Answer - Rs.62,500

2 Answers 1 views

Log in to ask questions, provide answers, or leave comments.


Login

Install the Bissoy app to consult with a doctor.


Download