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Question no 1)
X LTD issued 20000 share of Rs-10 each payable as Rs-3 per share as application Rs-3 per shareas allotment & rs-4 per sharev as call .Application ware received on 22000 shares. The DirectorDecided to rejected the Excess application money on 2000 share as refunded .Show the necessary Journal entries.
Question no 2)
A company offer to The Public 12000 equity share Rs-10 each to be issued at Per. The issued was fullyunder written by X at a commission of Rs-5.The company received application for 10000 share whichincluded marked application 8000 share. You are required to Calculate 1) the Liability of the Underwriter2) its commission also journalised the entries
Mr Brennan had promptly clarified the memo, telling staff he only intended to avoid any announcer ‘sending up' the McDonald's ads. ‘It was made plain 2UE was not seeking to curtail editorial comment'
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Which of the following is not a use of the cost of production report?
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Under its executive stock option plan, National Corporation granted options on January 1, 2013, that permit executives to purchase 20 million of the company’s $1 par common shares within the next seven years, but not before December 31, 2016 (the ves..
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multiple choice questions on basic accounting principle.1.nbspthe income summary account is also called a.nbspthe
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