XYA Ltd. purchased a plant of Rs. 60,000 from PQR Ltd. The company paid Rs. 15000...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
XYA Ltd. purchased a plant of Rs. 60,000 from PQR Ltd. The company paid Rs. 15000 in cash and agreed to allottee sufficient number of equity shares of Rs. 10 each at a discount of 10%. Find the number of shares to be allotted to PQR Ltd. XYA Ltd. purchased a plant of Rs. 60,000 from PQR Ltd. The company paid Rs. 15000 in cash and agreed to allottee sufficient number of equity shares of Rs. 10 each at a discount of 10%. Find the number of shares to be allotted to PQR Ltd.
Expert Answer:
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
Posted Date:
Students also viewed these accounting questions
-
The Power Corporation had the following common shares outstanding during the fiscal year: 100,000 during the first quarter of the fiscal year and 300,000 during the balance of the fiscal year. What...
-
Company A's fixed costs were $42,000, its variable costs were $24,000 and its sales were $80,000 for the sale of 8,000 units. The company's break-even point in units is: a. 7,000 b. 8,000 c. 5,000 d....
-
After computing the current periods basic and diluted EPS figures, you notice that while basic EPS continues its upward trend, diluted EPS has dropped slightly. In discussions with your manager...
-
Describe what is meant by the supply chain. (1marks) 2. Using examples from the case study, analyse how Nestle's Creating Shared Value contributes to its corporate social responsibility activities....
-
The new University Hospital is scheduled to have 436 beds. The ratio of nurses to beds to nurses aides for staffing the hospital is 4: 9: 2. How many nurses and aides will need to be hired?
-
Dynamically loadable kernel modules give flexibility when drivers are added to a system, but do they have disadvantages too? Under what circumstances would a kernel be compiled into a single binary...
-
A plant contains 2 centrifugal compressors of carbon steel and \(500-\mathrm{kW}\) rating with explosion-proof electric motors 1 jaw crusher at \(10 \mathrm{~kg} / \mathrm{s}\) capacity 3...
-
On January 1, 2004, Pre Corporation acquired 60 percent of the voting common shares of Sue Corporation at an excess of fair value over book value of $1,000,000. This excess was attributed to plant...
-
Discuss on Inventory models ( both dependent and independent ) and support the models with examples.
-
How do you calculate the percentage of change in sales from 20X8 to 20X9? This will go in cell D7? Show the formula. Kretsmart Common-Size Income Statements For the Years Ended December 31, 20'X'9,...
-
5. Show the result of the following program def main(): i=1 while i
-
The Time Value of Money is a fundamental concept used in financial analysis. Explain why it is important for financial managers to understand and utilize the principles involved. Provide an example...
-
Factor the following expression using the method of grouping. Enter the corre integer coefficients. Show a sign only if the coefficient is negative. 2xy-6x-Sy+15- Ax+ Ay+ Question 6 (1 point) Factor...
-
Let f(x) = x(x - 1)(x + 2), and set F(x) = Zx 0 f(t)dt. (a) Sketch f(x). (b) Find F(0). (c) Find all critical points of F. (d) Find all intervals of increase/decrease for F. (e) Find the concavity...
-
Kendall is about to buy a Honda Ruckus Scooter to get back and forth to school. He is looking at various used and new models, but with his current budget he can only afford a monthly payment of $130....
-
Review your local newspapers or online sources for current discount, federal funds, and prime rates, plus average mortgage interest rates and report on what you found. This means elaborate on what...
-
Crane Corp. management is evaluating two mutually exclusive projects. The cost of capital is 15 percent. Costs and cash flows for each project are given in the following table. Year Project 1 Project...
-
suppose a nickel-contaminated soil 15 cm deep contained 800 mg/kg Ni, Vegetation was planted to remove the nickel by phytoremediation. The above-ground plant parts average 1% Ni on a dry-weight bas...
-
The Help-U-Suceed Bookstore recently received a shipment of accounting textbooks from the publisher. Following the receipt of the shipment, the FASB issued a major new accounting standard that...
-
A capitalized lease should be amortized in accordance with the lessees normal depreciation policy. What time period should be used for lease amortization?
-
On December 3, Ainge Printing purchased inventory listed at $7,400 from Craig Paper Supply. Terms of the purchase were 3/10, n/20. Ainge Printing also purchased inventory from Tippetts Ink Wholesale...
-
In the second quarter of 2021, personal consumption expenditures, exports, and imports increased. Investment and government expenditure decreased. Real GDP increased by 6.5 percent following a 6.3...
-
When real GDP increased in the second quarter of 2021, consumption expenditure, exports, and imports increased. Fixed investment decreased, which included a decrease in business inventory investment....
-
Real exports of goods and services increased 6 percent in the second quarter of 2021, compared with a decrease of 2.9 percent in the first quarter of 2021. Real imports of goods and services...
Study smarter with the SolutionInn App