हिंदी

Company received excess application for 5000 shares @ ₹4 per share. Applications of 1000 shares were rejected Calculated the amount of application money adjusted with allotment. - Book Keeping and Accountancy

Advertisements
Advertisements

प्रश्न

Company received excess application for 5000 shares @ ₹4 per share. Applications of 1000 shares were rejected and pro-rata allotment was made. Calculated the amount of application money adjusted with allotment.

योग
Advertisements

उत्तर

Excess application money received for 5000 shares @ ₹ 4 per share = ₹ 20,000
Less: Application of 1000 shares rejected and money refunded = ₹ 4,000
Excess money received to be adjusted with allotment = ₹ 16,000
shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [पृष्ठ ३४१]

APPEARS IN

बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
अध्याय 8 Company Accounts - Issue of Shares
Exercise 8.1 (Objective Questions) | Q 1. (G) 3. | पृष्ठ ३४१
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×