The diary and money book sections

Reference no: EM13906643

P Ltd. was enlisted with an approved capital of Rs. 10,00,000 isolated into 1,00,000 value shares of Rs. 10 every out of which 50,000 value shares were offered to people in general for membership. The shares were payable as under:

Rs. 3 for every offer on application

Rs. 2 for every offer on designation

Rs. 2 for every offer on first call

Rs. 3 for each offer on second and last call

The shares were completely subscribed for and the cash was rightfully gotten.

Demonstrate the diary and money book sections.

Reference no: EM13906643

Questions Cloud

What interest rate is understood in this offer : somebody guarantees to give you Rs.5000,000 following 6 years in return for Rs.2,000,000 today. What interest rate is understood in this offer?

Expect that the speculation is to be made in equivalent : how much ought to Vijay spare every year, in the event that he wishes to buy a level anticipated that would taken a toll Rs.80 lacs following 8 years, if the speculation choice accessible to him offers a rate of enthusiasm at 9 percent?

The designation cash : The designation cash was properly gotten while the first call cash was gotten on 9,000 shares and the last call cash on 8,000 shares. Demonstrate the money book and diary passages

Contribute consistently to accomplish the objective sum : What sum would it be a good idea for you to contribute consistently to accomplish the objective sum?

The diary and money book sections : P Ltd. was enlisted with an approved capital of Rs. 10,00,000 isolated into 1,00,000 value shares of Rs. 10 every out of which 50,000 value shares were offered to people in general for membership.

What will be the estimation of his reserve funds : krishna spares Rs 24000 a year for a long time, and Rs.30,000 a year for a long time from that point. On the off chance that the rate of hobby is 9 percent intensified yearly, what will be the estimation of his reserve funds toward the end of 20 year..

What will these reserve funds cumulate : What will these reserve funds cumulate to toward the end of 10 years, if the rate of hobby is 8 percent?

Bankruptcy of the considerable number of accomplices : The firm was broken down because of bankruptcy of the considerable number of accomplices. Stock was sold for Rs. 1,09,000 while furniture brought Rs. 40,000. Rs. 41,000 were gotten from Debtors.

Utilizing the tenet of 69 : a fund organization offers to give Rs20000 following 14 years consequently for Rs.5,000 saved today. Utilizing the tenet of 69, make sense of the inexact interest rate advertised.

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