Accounting for ...

Reserve capital is ______.

Forfeited shares, when re-issued, cannot be issued at a discount more than __________.

STU Ltd. invited application for issue of $$100,000$$ shares of $$Rs. 10$$ each at a premium of $$Rs. 2, Rs. 5$$ called at the time of application, $$Rs. 5$$ (including premium) at the time of allotment and balance $$Rs. 2$$ at the time of $$1st$$ call. Applications were received for $$1,30,000$$ shares. Application money was returned to the extent to $$10,000$$ shares and pro rata allotment was made to the remaining applicants of $$120,000$$. PQR to whom $$500$$ shares were allotted failed to pay allotment and calls money. Similarly ABC to whom $$400$$ shares were allotted failed to pay first and final call. All the $$900$$ shares were subsequently forfeited. These shares were subsequently re-issued at $$Rs. 8$$ fully paid. Based on the above facts, on re-issue of all the $$900$$ forfeited shares the balance in Forfeiture all the $$900$$ forfeited shares the balance in Forfeiture A/c is ________.

A company cannot declare dividend to its shareholder, if it ....

A company forfeited $$2,000$$ shares of Rs. $$10$$ each $$9$$ which, were issued at par) held by A for non-payment of allotment money of Rs. $$4$$ per share. The called up value per share was Rs. $$9$$. On forfeiture, the amount debited to share capital is?

The directors of a company forfeited $$1000$$ shares of Rs. $$10$$ each, Rs. $$7.50$$ paid up, for non payment of final call money of Rs. $$2.50$$ per share. $$700$$ of these shares are reissued $$@$$ Rs. $$7/-$$ per share. The amount transferred to capital reserve A/c would be__________.

'A' Ltd acquires 'B' Ltd and agrees to issue 3 shares of Rs. 10 each, Rs. 9 paid up and the market value of Rs.15 per share for every 5 shares in 'B' Ltd. If B Ltd has 100000 shares of Rs.10 each, Rs.5 paid up and market value Rs 8 per shares therefore, the amount of purchase consideration is _______________.

Dabur Ltd. forfeited 400 shares of Rs. 1 G each fully called up on which the holder has paid only application money at Rs. 4 per share. Out of these 250 shams were re issued at ',' 2 per share fully paid up. Capital reserve will be credited by:

Solid ltd. issued 2,000, 10% preference shares of Rs. 100 each at par, which are redeemable at a premium of 10%. For the purpose of redemption, the company issued 1,500 equity shares of Rs. 100 each at a premium of 20% per share. At the time of redemption of preference shares, the amount to be transferred by the company to the Capital Redemption Reserve Account will be-

If vendors are issued fully paid shares of Rs. 80,000 in consideration of net assets of Rs. 60,000, then the balance of Rs. 20,000 will be __________.