Accounting for ...

Y Ltd. forfeited 40 shares of Rs 10 each issued at a premium of 40% to Mr. Ramesh who had applied for 48 shares. After having paid Rs 6 (including Rs 2 premium), he did rot pay allotment money of Rs 2 (including Re 1 premium) and on his subsequent failure to pay the first call of Rs 3 (including Re 1 premium) his shares were forfeited. The amount to be credited to Forfeited Shares Account is _______.

X Ltd. forfeited 100 shares of Rs 10 each (Rs 8 called up) issued at a premium of 2 per share to Mr. R for non-payment of allotment money of Rs 5 per share (including premium). Out of these 70 shares were re-issued to Mr. Sanjay as Rs 8 called up for Rs 10 per share. The profit on re-issue is-

A Public Co. can have a minimum of _________ members.

A company forfeited $$100$$ equity shares of Rs. $$100$$ each issued at premium of $$50\%$$ (to be paid at the time of allotment) on which the first call money of Rs. $$30$$ per share was not received, final call Rs. $$20$$ is yet to be made. These shares were subsequently reissued $$@$$ Rs. $$70$$ per share at Rs. $$80$$ paid up. The amount credited to capital reserve is?

_______ is to be executed on a non judicial stamp paper.

Z Ltd. forfeited 200 shares of Rs 100 each, issued at 10% premium for non-payment of allotment money of Rs 50 per share (including premium), first call of Rs 40 per share and a second and final call of Rs 10 per share. Out of these 80 shares were re-issued as fully paid-up for Rs 95 per share. The profit on re-issue is __________.

MIG Ltd. forfeited 80 shares of Rs 10 each, issued for non-payment of first call of Rs 2 per share. The second and final call of Rs 3 per share has not yet been called. Out of these, 20 shares were re-issued as Rs 7 paid-up for Rs 5 per share. The profit on re-issue is _________.

Asha Ltd, issued shares of Rs. $$100$$ each at a premium of $$25\%$$ mamta who has Rs. $$2,000$$ shares of Asha ltd. Failed Rs. $$5$$. Premium was taken at the company. On forfeiture of Mamta's shares, the amount to be debited to share Premium account will be.

When full amount is due on any call but it is not received, then the shortfall is debited to ________.

Right shares are issued to ________.