Company account on cpt lewel
This query is : Resolved
21 August 2012
The subscribed share capital of S Ltd is Rs.8000000 of Rs.100 each. There were no calls in arrear till the final call was made. The final call made was paid on 77500 shares. The calls in arrear amounted to Rs. 62500. The final call on share will be?
Guest
Guest
(Expert)
22 August 2012
The final call on share will be Rs. 25/- calculated as follows:
Total no of shares (A): 80,00,000/100 = 80,000/-
Final calls received on no. of shares (B): 77,500/- (Given)
No. of Shares on which call money not received (C) = (A) - (B): 80000-77500 = 2500/-
Amount of calls in arrears (D): Rs. 62500/-
Call Money (E) = (D) / (C): 62500/2500 = 25/-
Total no of shares (A): 80,00,000/100 = 80,000/-
Final calls received on no. of shares (B): 77,500/- (Given)
No. of Shares on which call money not received (C) = (A) - (B): 80000-77500 = 2500/-
Amount of calls in arrears (D): Rs. 62500/-
Call Money (E) = (D) / (C): 62500/2500 = 25/-
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Nomination of Bank for refund in itr 2
- Rent lease agreement
- Refund of 20%pre-deposit paid for stay application
- Relief u/s Section 89
- TDS Challan Code
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- REGARDING SECTION 44AE
- E way bill for tractors
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
