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Akshra Ltd. was incorporated with a shar...

Akshra Ltd. was incorporated with a share capital of Rs. 2 crore in shares of Rs. 100 each. The Company purchased Land & Building for Rs. 50,00,000 payable in fully paid shares of the Company. Half of the remaining shares were issued for cash and were taken up by the public and fully paid for. Pass necessary journal entries and also show the Balance Sheet of the Company.

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DK GOEL-COMPANY ACCOUNTS - ISSUE OF SHARES -ADDITIONAL QUESTIONS (For Practice)
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  2. Sun Pharma Ltd. is registered with an authorized capital of Rs. 1,00,0...

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  3. Akshra Ltd. was incorporated with a share capital of Rs. 2 crore in sh...

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  4. On 1st April, 2012 Vivek Ltd. was formed with an authorized capital of...

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  5. Sona Ltd. purchased machinery costing Rs. 17,00,000 from Mona Ltd. Son...

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  6. Z Ltd. purchased furniture costing Rs. 2,20,000 from C.D. Ltd. The pay...

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  7. Nikhil Ltd. purchased a running business from Sonia Ltd. for a sum of ...

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  8. Pass necessary journal entries for the following transactions in the b...

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  9. X Ltd. with a nominal capital of Rs. 50,00,000 in equity shares of Rs....

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  10. Zee Limited was registered with a capital of Rs. 20,00,000. divided in...

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  11. A Company invited applications for 50,000 equity shares of Rs. 10 each...

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  12. Narmada Limited was registered with an Authorised Capital of Rs. 5,00,...

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  13. The directors of a company forfeited 1,000 equity shares of Rs. 10 eac...

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  14. (A) Virender Limited forfeited 400 shares of Rs. 100 each (Rs. 60 call...

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  15. Y Ltd. invited applications for issuing 15,000 equity shares of Rs. 10...

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  16. XYZ Limited has an aAuthorised Capital of Rs. 4,00,000 divided into sh...

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  17. The Mohan Ltd., has authorised capital of Rs. 5,00,000 divided into 50...

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  18. A Ltd. forfeited 800 shares of Rs. 10 each issued at 20% premium (to b...

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  19. B Ltd. forfeited 500 shares of Rs. 10 each issued at 20% premium (to b...

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  20. C Ltd. forfeited 300 shares of Rs. 10 each issued at 20% premium (to b...

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