subject
Business, 18.03.2021 02:50 ghostshadow1

M/s. V. B. Pharmaceuticals Ltd. offered for subscription its 10000 equity shares of ₹ 100 each at a premium of 20 per share. The amount was payable as follows :

On Application- 30 per share

On Allotment-P 60 per share (including premium)

On First and Final call- 30 per share

Applications were received for 15000 shares. Allotment was made on pro rata

basis to the applicants of 12000 shares. The remaining applications were rejected and money returned. Excess application money was adjusted on the

account of Sum Due on Allotment.

All money on allotment and call was duly received except on 1200 shares held by Vivek, who did not pay the call money. His shares were forfeited.

Make Journal Entries to record the above transactions in the books of the

company.​

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:00
Asap ! 1. evaluate the following and simplify if possible when pie = 22 11/pie = 2. evaluate the following and simplify if possible when pie = 11 and y = 5 pie/12 - y/12 = 3. evaluate the following and simplify if possible when pie = 5 : 3/pie + 2/ pie = 4. evaluate the following and simplify if possible when pie = 5 : 3/pie + 2/pie = 5. evaluate the following and simplify if possible when pie = 6 and y = 10: x/y = 6. evaluate the following and simplify if possible when pie = 6: pie/9 7. evaluate the following and simplify if possible when pie = 5 and y = 20: pie/y = 8. evaluate the following and simplify if possible when pie = 4 and y = 24: pie/y = 9. evaluate the following and simplify if possible when pie = 6 5/pie = 10. evaluate the following and simplify if possible when pie = 21 4/7 + 2/pie = 11. evaluate the following and simplify if possible when pie = 3 and y = 1 pie/10 + y/5 = 12.evaluate the following and simplify if possible when pie = 8 pie/10 =
Answers: 1
question
Business, 22.06.2019 08:00
Why is it vital to maintain a designer worksheet? a. it separates the designs chosen for the season from those rejected by the company. b. it keeps a record of all designs created by the designer for a season. c. it charts out the development of an entire line through the season and beyond. d. it tracks the development of a design along with costing and production details. done
Answers: 1
question
Business, 22.06.2019 08:30
Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.
Answers: 1
question
Business, 22.06.2019 14:00
Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.
Answers: 2
You know the right answer?
M/s. V. B. Pharmaceuticals Ltd. offered for subscription its 10000 equity shares of ₹ 100 each at a...
Questions
question
Mathematics, 06.09.2021 08:10
question
English, 06.09.2021 08:20
question
Advanced Placement (AP), 06.09.2021 08:20
question
Social Studies, 06.09.2021 08:20
question
Business, 06.09.2021 08:20
question
Mathematics, 06.09.2021 08:20
question
History, 06.09.2021 08:20
question
Chemistry, 06.09.2021 08:20
Questions on the website: 13722362