Question
A company issues 1,00,000 equity shares of ₹10 each at
a premium of ₹5, payable as ₹5 on application, ₹5 on allotment (including premium), and ₹5 on first and final call. A shareholder holding 1,000 shares fails to pay the call money. What is the treatment in the company’s books?Solution
Upon forfeiture, any amount received including premium is retained. The premium on shares is never refunded. The unpaid call money is treated as loss of capital and adjusted in the forfeiture account.
How is U related to P?
Who is the daughter of A?
‘ A + B ’ means ‘A is the sister of B’
‘ A = B ’ means ‘A is the daughter of B’
‘ A # B ’ means ‘A is the son o...
If U has only one daughter, then how many male members are there in the family?
- How is R related to P?
Read the direction carefully and answer the question.
If
‘A % B’ means ‘A is the daughter of B’,
‘A & B’ means ‘A i...
How is W related to V?
Answer the questions based on the information given below.
Nine persons R, S, T, U, V, W, X, Y and Z live in a family of three generations. V i...
How is U related to V?
How many male members are in the family?
