
If `N lt 1000`, how many biscuits were left after the fourth man took his share?

If `N lt 1000`, how many biscuits were left after the fourth man took his share?
A
624
B
621
C
252
D
257
Text Solution
Verified by Experts
The correct Answer is:
C
Similar Questions
Explore conceptually related problems
If Atul finds that he is twelth from the right in a line of boys and fourth from the left, how many boys should be added to the line such that there are 28 boys in the line?
Anmol finds that he is twelfth from the right in a line of boys and fourth from the left, how many boys should be added to the line such that there are 35 boys in the line?
Dinesh Ltd., invited applications for issuing 10,000 Equity shares of Rs. 10 each. The amount was payable as follows : {:("On Application","Rs. 1"),("On Allotment","Rs. 2"),("On First Call","Rs. 3"),("On Second and Final Call","Balance"):} The issue was fully subscribed. Ram to whom 100 shares were allotted, failed to pay the allotment money and his shares were forfeited immediately after allotment. Shyam to whom 150 shares were allotted, failed to pay the first call. His shares were also forfeited after the first call. Afterwards the second and final call was made. Mohan to whom 50 shares were allotted failed to pay the second and final call. His shares were also forfeited. All the forfeited shares were re-issued at Rs. 9 per share fully paid up. Pass necessary journal entries in the books of Dinesh Ltd.
On 1st Jan. 2017, Saraswati Ltd.issued 50,000 equity shares of Rs. 10 each at a premium of Rs. 4 per share, payable as follows: {:("On Application","Rs. 6",("including Rs. 1 premium")),("On Allotment","Rs. 2",("including Rs. 1 premium")),("On First Call","Rs. 4",("including Rs. 1 premium")),("On Second & Final Call",Rs. 2,("including Rs. 1 premium")):} Application were received for 65,000 shares, of which applications for 5,000 shares were rejected and their money was refunded. Rest of the applicants were issued shares on pro rata basis and their excess money was adjusted towards allotment. Ashok, to whom 1,000 shares were allotted, failed to pay the allotment money and his shares were forfeited after allotment. Rohan, who applied for 1,800 shares failed to pay the two calls and his shares were forfeited after the final call. 1,900 forfeited shares were reissued as fully paid on receipt of Rs. 9 per share, the whole of Rohan's shares being inclued. Pass necessary Journal entries.
XYZ Ltd. invited applications for issuing 50,000 Equity Shares of Rs. 10 each. The amount was payable as: {:("On application",-,"Rs. 3 per share,"),("On allotment",-,"Rs. 4 per share,"),("On first and final call",-,"Rs. 3 per share."):} Application were received for 75,000 shares and pro rata allotment was made as: Applicants for 40,000 shares were allotted 30,000 shares on pro rata basis. Applicants for 35,000 shares were allotted 20,000 shares on pro rata basis. Ramu, to whom 1,200 shares were allotted out of the group applying for 40,000 shares, failed to pay the allotment money . His shares were forfeited immediately after allotment. Shamu , who had applied for 700 shares out of the group applying for 35,000 shares, failed to pay the first and final call. His shares were also were also forfeited . Out of the forfeited shares. 1,000 shares were reissued @ Rs. 8 per share as fully paid-up. The reissued shares included all the forfeited shares of Shamu. Pass necessary Jouranl entries to record the above transactions .
Narmada Limited was registered with an Authorised Capital of Rs. 5,00,000 in Rs. 10 shares. Company purchased an Asset for Rs. 2,00,000 and issued fully paid shares for it. Balance 30,000 shares were issued to the public, payable as follows : {:("On Application & Allotment","Rs. 3"),("On First Call","Rs. 4"),("On Second Call","Rs. 3"):} Govind, holding 100 shares failed to pay the First Call money and his shares were forfeited after the First Call. Gopal, holding 200 shares failed to pay the Second Call and his shares were also forfeited. Pass Journal Entries.
Kamal Ltd., was formed for the purpose of purchasing Rajesh Ltd. and was registered with a nominal capital of Rs. 2,00,000 divided into 2,000 equity shares of Rs. 100 each. 1,000 shares were issued as fully paid to the vendors in payment of the purchase consideration. The remaining 1,000 shares were offered for public subscription at a premium of Rs. 5 per share payable as under : On Application Rs. 30 per Share, On Allotment Rs. 25 per Share (including premium), On First Call Rs. 20 per Share and on Final Call Rs. 30 per share. Applications were received for 900 shares which were duly allotted, and the allotment money was duly received. At the time of the first call, a shareholder who held 100 shares failed to pay the first call money and his shares were forfeited. These shares were re-issued at Ra. 60 per share, Rs. 70 per share paid. Final call has not been made. You are required to (i) give necessary journal entries to record the above transactions, and (ii) show how share capital would appear in the Balance Sheet of the Company.
Kamal Ltd. was formed on 1st April, 2010 with an authorised capital of Rs. 2,00,000, divided into 2,000 Equity Shares of Rs. 100 each. 1,000 shares were issued as fully paid to the vendors of building for payment of the purchase consideration . The remaining 1,000 shares were offered for public subscription at a premium of Rs. 5 per share payable as: {:("On application",,"Rs. 10 per share,"),("On allotment" ,,"Rs. 25 per share (including premium),"),("On first call",,"Rs. 40 per share,"),("On final call",,"Rs. 30 per share."):} Applications were received for 900 shares which were duly allotted and the allotment money was received in full. At the time of the first call, a shareholder who held 100 shares failed to pay the first call money and his shares were forfeited. These shares were reissued @ Rs. 60 per share, Rs. 70 per share paid-up. Final call has not been made. You are required to (i) give necessary Journal entries to record the above transactions and (ii) show how share capital would appear in the Balance Sheet of the company.
Recommended Questions
- If N lt 1000, how many biscuits were left after the fourth man took hi...
Text Solution
|
- How many lines of symmetry does the above figure have ? <img src="http...
Text Solution
|
- Which of the following are correct chain isomers of butane ? (i) <img ...
Text Solution
|
- Determine the point of symmetry of a regular hexagon. <img src="htt...
Text Solution
|
- Dtermine the images of the following figure about the given line : ...
Text Solution
|
- Match the following Column A to Column B
Text Solution
|
- Match the following Column A to Column B
Text Solution
|
- Match the following Column A to Column B
Text Solution
|
- Find the area of the figure given below.
Text Solution
|