In Singhania book for PCC AY 10- 11, Page 446, sum no. 101.10-P1 , They have given 2000 shares were sold... But however oly 1200shares were oly converted frm debentures...(i.e 600deb * 2sh = 1200sh) ..How did they get the figure of 2000shares...?? Even if 1200shares are being issued ....the final figure ll only be 1200*10 (face vlue) = 12000 oly.....
Can anyone reply this query asap......
MAY BE HE ALREADY HAVE EQUITY SHARES
| Originally posted by : ravi tej | ||
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MAY BE HE ALREADY HAVE EQUITY SHARES |
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Then, why cost is not proportionately deducted???
Yeah..guess somethin wrong with de question.....
May be Printing Mistake
CAclubindia
