S Ltd. issued 1,00,000 equity shares of Rs. 10 each at a premium of Rs. 2...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
S Ltd. issued 1,00,000 equity shares of Rs. 10 each at a premium of Rs. 2 per share to the public. Full amount payable at the time of application. Application was received for 1,20,000 shares. Excess application monies were refunded. Amount to be credited to share capital account should be A B C D Rs. 12,00,000 Rs. 10,00,000 Rs. 14,40,000 Rs. 10,40,000 S Ltd. issued 1,00,000 equity shares of Rs. 10 each at a premium of Rs. 2 per share to the public. Full amount payable at the time of application. Application was received for 1,20,000 shares. Excess application monies were refunded. Amount to be credited to share capital account should be A B C D Rs. 12,00,000 Rs. 10,00,000 Rs. 14,40,000 Rs. 10,40,000
Expert Answer:
Answer rating: 100% (QA)
The total amount of equity share issued to public here is Rs 1000000 Rs 100000 10 ... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
A company uses the weighted average method for inventory costing. During a period, Department B finished and transferred 55,000 units to Department C. Also in Department B during the period, 12,500...
-
Southwest Corporation uses the weighted average method for its process costing system. The Assembly department at Southwest began the month of April with 6,000 units in work-in-process inventory, all...
-
Decisions for Tomorrow In 2019, 360,000 electric vehicles (EVS) were sold in the United States. Instructions: Round your responses to one decimal place. a. Suppose the average price of these cars was...
-
In Exercises find the indefinite integral. sech(2x1) dx
-
What are the similarities and differences between the types of agency relationships?
-
A single degree of freedom lumped parameter system has mass, stiffness, and damping values of \(1.2 \mathrm{~kg}, 1 \times 10^{7} \mathrm{~N} / \mathrm{m}\), and \(364.4 \mathrm{~N}-\mathrm{s} /...
-
The capital structure of Knightsbridge, Inc., at December 31, 2006, included 20,000 shares of \(\$ 1.25\) preferred stock and 40,000 shares of common stock. Common stock outstanding during 2007...
-
Tovar Co. is a U.S. firm that has been asked to provide consulting services to help Grecia Company (in Greece) improve its performance. Tovar would need to spend $300,000 today on expenses related to...
-
displayed below.] Ries, Bax, and Thomas invested $32,000, $48,000, and $56,000, respectively, in a partnership. During its first calendar year, the firm earned $339,000. Required: Prepare the entry...
-
Faisal Ahmed commenced business on 7 November 2010 selling flat panel computer monitors. He brought in 15,000 in cash as his capital. He has a supplier from whom he purchases the monitors at 180...
-
Following are the transactions of a new company called Pose-for-Pics. August 1 Madison Harris, the owner, invested $14,250 cash and $61,275 of photography equipment in the company in exchange for...
-
A waste heat recovery heat exchanger ( also called a recuperator ) is to be installed in a boiler system of a geothermal cogeneration plant. The initial cost of the recuperator is $ 1 4 , 0 0 0 . It...
-
How does the integration of various mediums enhance the complexity and depth of artistic expression in mixed media compositions ?
-
Analyze and clearly state your conclusion as to how the subject assessment compares to other similar, competing properties in the marketplace. Ideally, the subject's assessment should be bracketed by...
-
Which of the following is the best example of perfect price discrimination A People who collect the mail coupons get discounts at the local food store B StudentsStudents pay lower prices at the local...
-
when reviewing teslas finical data I think I found out that Their current total assets is 43.875 billion and there total current liabilities are 27.592 billion resulting in their working capital of...
-
Your analysis shows that the mean capacitance of a batch of 500 of the capacitors you have selected is 46 F, with a standard deviation of 4 F. Assuming the capacitors are normally distributed,...
-
Software Solution is family-owned business that has been in operation for more than 15 year. The board of directors is comprised of mainly family members, plus a few professionals such as an...
-
Lopez Company expects to incur $600,000 in overhead costs this coming year$100,000 in the Cutting department, $300,000 in the Assembly department, and $200,000 in the Finishing department. Direct...
-
What are some advantages of using an activity-based costing system?
-
What two options are available when closing the manufacturing overhead account at the end of the period, depending on the significance of the balance?
-
Fill in the Blank. In the finite element method, \(a(n)\) ___________ solution is assumed within each element.
-
The stiffness matrix of a bar element is given by a. \(\frac{E A}{l}\left[\begin{array}{ll}1 & 1 \\ 1 & 1\end{array} ight]\) b. \(\frac{E A}{l}\left[\begin{array}{rr}1 & -1 \\ -1 & 1\end{array}...
-
What is the basis for the derivation of transformation matrices?
Study smarter with the SolutionInn App