fundamentals of accounting
This query is : Resolved
himanshu saluja
(Querist)
14 December 2010
a ltd. formed as a pblic ltd company with an authorised capital of rs 2000000 divided into shares of rs 10 each. altd issued fully paid up shares of rs 10 each in consideration of acquiring asssets worth rs 3,80,000 fro m/s rahim bros, the shares are issued at a premiuim of 25%. to the transaction share capital need to be credited by........
what is its answer?
and how?
what is its answer?
and how?
15 December 2010
Rs. 76000 as share premium. Rs. 304000 as share capital.
Guest
Guest
(Expert)
15 December 2010
yes its correct
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