1.
The subscribed capital of a company isRs. 80,00,000 and the nominal value of the share is Rs. 100 each. There were no calls in arrear till the final call was made. The final call made was paid on,77,500 shares only. The balance in the calls in arrear amounted to Rs. 62,500. Calculate the final call on share.
2.
A shareholder holding 600 shares paid the amount of call @ Rs. 5 per share on 1st November 2018 whereas the call was due on 1st March 2019. Interest on calls in advance as per Table F will be :
3.
From which account, expenses on issue of shares will be written off first of all:
4.
Pro-rata allotment of shares is made when there is :
5.
Authorised capital of a Company is div ided into 5,00,000 shares of Rs. 10 each. It issued 3,00,000 shares. Public applied for 3,60,000 shares. Amount of issued capital will be :
6.
A Company invited applications for 1,00,000 shares and it received applications for 1,50,000 shares. Applications for 30,000 shares were rejected and the remaining were allotted shares on prorata basis. How many shares an applicant for 3,000 shares will be allotted :
7.
E Ltd. had allotted 10,000 shares to the applicants of 14,000 shares on pro-rata basis. The amount payable on application was Rs. 2. F applied for 420 shares. The number of shares allotted and the amount carried forward for adjustment against allotment money due from F will be :
8.
If applicants for 80,000 shares were allotted 60,000 shares on prorata basis, the shareholder who was allotted 1,200 shares must have applied for :
9.
A Company offered 50,000 shares of ?10 each at par payable as to ?3 on applications, ?5 on allotment and the balance on final call. Applications were received for 60,000 shares and the allotment was made pro-rata. The excess application money was to be adjusted on allotment and call. How much amount will be transferred from Share Application A/c to Share Allotment A/c?
10.
A company issued 4,000 equity shares of Rs. 10 each at par payable as under : On application Rs. 3; on allotment Rs. 2; on first call Rs. 4 and on final call Rs. 1 per share.
Applications were received for 13,000 shares. Applications for 3,000 shares were rejected and pro-rata allotment was made to the applicants for 10,000 shares. How much amount will be received in cash on first call? Excess application money is adjusted towards amount due on allotment and calls.