Webb16 mars 2024 · 116. X Ltd. forfeited 400 shares of ₹20 each ₹15 called up on which application and allotment money of ₹11 per share has been received. Of these, 100 shares were re-issued as fully paid-up for ₹24 per share. What is the amount to be transferred to Capital Reserve? (A) ₹1,500 (B) ₹4,400 (C) ₹1,100 (D) ₹3,500. Answer. Answer: C WebbFinal call has not been called up. 1,000 of the forfeited shares were reissued for Rs. 8,500 as fully paid-up. Record the necessary journal entries for the above transactions in the books of R.P. Ltd. (ii) Max Ltd. forfeited …
VCM12024 - EIS: income tax relief: general requirements: shares ...
WebbShares. If a company with share capital issues shares, they must keep a record of all the shares they've issued. This record is sometimes called 'the register' or the 'share register'. The register must have information about the company's members (or shareholders) and the number of shares in the company. Members. Webb8 apr. 2024 · Augusta National Golf Club announced on Saturday the details of the prize money, which is a $3 million increase from the $15 million handed out in the 2024 edition of the Masters Tournament. Check ... can i order psilocybin spores in the us
Distributions, share purchases and redemptions under the BVI
WebbThe provisions relating to the share premium account are set out in section 610 of the Companies Act 2006. Subject to the company's articles, the share premium account may … Webb16 dec. 2024 · The Directors forfeited these share and re-issued at 80 each fully paid-up. Pass the necessary Journal entries. asked Feb 22 in Accounts by shravan0797 (17 points) 0 votes. 1 answer. B Ltd. forfrited 300 shares of Rs. 100 each, Rs. 70 called up, for non-payment of first call of Rs. 20 per share. Webbvalue of shares so purchased shall be transferred to the Capital Redemption Reserve Account and details of suc h account shall be disclosed in the Balance Sheet. (12) The shares or other specified securities which are proposed to be bought-back must be fully paid-up. (13) The Capital Redemption Reserve Account may be applied by the company in five feet apart cbs films