Give necessary journal entries for the forfeiture and re issue of shares X Ltd forfeited 200 shares of Rs 10 each (Rs 7 called up) on which Naresh had paid application and allotment money of Rs 5 per share Out of these, 150 shares were re issued to Mahesh as fully paid up for Rs 6 per share Give n...

Date Dr Rs Cr Rs a Equity Share ...

Give necessary journal entries for the forfeiture and re-issue of shares: X Ltd. forfeited 200 shares...

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

Applied Statistics for Public and Nonprofit Administration

ISBN: 978-1285737232

9th edition

Authors: Kenneth J. Meier, Jeffrey L. Brudney, John Bohte

See More Books

Posted Date: Jan 16, 2021 10:17 AM

See More Questions

The Challis Medical Center (CMC) is a not-for-profit entity that is interested in attracting a dentist to their area. At this point in time, residents must drive over a hundred miles to the nearest...
Prepare Financial Statements. The Kare Counseling Center was incorporated as a not-for-profit voluntary health and welfare organization 10 years ago. Its adjusted trial balance as of June 30, 2017,...
General Hospital, a not for profit acute care facility, has the following cost structure for its inpatient services: FIxed costs $10,0000,00 Variable cost per inpatient day $200 Charge (revenue) per...
An SAT prep course claims to increase student scores by more than 60 points, on average. To test this claim, 9 students who have previously taken the SAT are randomly chosen to take the prep course....
On an annual renewable lease, the quarterly lease payment on office space is $1600 payable in advance. What equivalent yearly payment made in advance would satisfy the lease if interest is 6.6%...
Forrest Gump was one of the biggest movie hits of 1994. The movie's fortunes continued to climb in 1995, as it took home Oscars in six of 13 categories in which it was nominated, including best...
Refer to Googles financial statements in Appendix A to compute its equity ratio as of December 31, 2015, and December 31, 2014. Data From Google Financial Statement Appendix A Google Inc....
Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local...
what is meant by the term functionality of a database management system? Explain the responsibility of any two functionalities of a database management system. Discuss how a database transaction is...
Helix Company produces costumes used in the television and movie industries. Recently the company received an ongoing order for Samurai robes to be worn in an upcoming Japanese historical action...
If your company is facing a major issue, what is most likely to happen if you only fix its internal problems?
Why do so many U.S. firms build their facilities in other countries in their supply chain designs?
(a) (b) Draw the block diagram representing the Harvard computer architecture, showing proper labels of different blocks and bus interconnections. [5 Marks] Most PIC18 MCUs provide data memory of up...
Our client, Vicki Farthing, has decided to purchase, personally, a used building in 2023 to be used in her new proprietorship business, which is considered to have started with preliminary work on...
You decide to deposit $171 monthly in a 2.9% annual interest bearing account over the next 15 years. How much will have accumulated in the account at the end of the period?
What are the strategical elements of logistics in business? Explain with example
The figure shows a spinner with eight congruent sectors in the cy-plane. The origin and three points are labeled. If the coordinates of X are (-2, -53) what is the measure of angle XOB? (A) (B) (C) T...
A Bloomberg Businessweek subscriber study asked, In the past 12 months, when traveling for business, what type of airline ticket did you purchase most often? A second question asked if the type of...
The Mansfield School District wants to predict student enrollments for next year. It hires Daniel Mazmanian Educational Consultants to do this work. Using data from 1992 through 2014 (1992 = year 1),...
A policy analyst is attempting to determine which mechanisms are most effective in resolving problems brought by citizens to local government. The analyst has broken down the mechanisms into two...
Arnold Ziffel, the Marathon County Agricultural Extension Agent, knows that wheat yields in Marathon County this year have a mean of 25 bushels to the acre with a standard deviation of 10. Wheat...
Consider a strictly risk averse agent endowed with initial wealth $w_{0}$ and with a strictly increasing and twice differentiable utility function. Let $r_{f}$ and $\tilde{r}$ denote the return...
Consider a quadratic utility function $u(x)=x-\frac{b}{2} x^{2}$, an initial wealth $w_{0}=100$, a risk free rate $r_{f}=1.1$ and a risky asset with expected return...
Consider the optimal portfolio choice problem in the presence of $N$ risky assets with returns $\left(\tilde{r}_{1}, \ldots, \tilde{r}_{N} ight)$ and of a risk free asset with return $r_{f}>0$....

Give necessary journal entries for the forfeiture and re-issue of shares: X Ltd. forfeited 200 shares...

Question:

Expert Answer:

Date Dr Rs Cr Rs a Equity Share ... View the full answer

Applied Statistics for Public and Nonprofit Administration

Students also viewed these accounting questions