Corporate Accounting - Maharshi Dayanand University, Rohtak

74 dEiuh ys[kkadu
Ans. : Share Forfeiture A/c Rs. 7,500; Share Premium A/c Rs. 89,000 Bank Balance Rs. 18,76,500; Total of
B/s Rs. 18,76,500.
Q. 14. A limited company was formed on 1st January with an authorised capital of Rs. 51akhs divided into 2,000
6% Preference shares of Rs. 100 each and 30,000 Equity shares of Rs. 10 each. It offered to the public
one-half of preference shares and two-thires of equity shares payable as follows : 10% of the nominal
amount on application, 20% on allotment, 20% on first call, 20% on second all and the balance when
required.
Applications were received for 800 preference shares and 10,000 equity shares and the allotment was made
on 15th February.
The first and the second calls were made on 1st April and 1st June respectively. The following amounts
were received ten days after the due dates—
Rs. 16,000 for allotment money on preference shares and Rs. 19,000 for allotment money on equity shares.
Rs. 15,000 for first call money on preference shares and Rs. 18,000 for first call money on equity shares.
Rs. 14,000 for second call money on preference shares and Rs. 16,000 for second call money on equity
shares.
Record these transactions in the Journal and cash book, and show how the share capital will appear in the
company’s Balance Sheet.
1 tuojh dks 5 yk[k #- dh vfèkÑr iw¡th ls ,d lhfer dEiuh dk fuekZ.k gqvkA iw¡th 100 #- okys 2,000,
6% iwokZfèkdkj va'kksa rFkk] 10 #- okys 30,000 lerk va'kksa eas foHkkftr gSA turk dks vkèks iwokZfèkdkj va'k rFkk
2/3 lerk va'k dks fuEufyf[kr izdkj ns; Fks izLrqr fd;sA vkosnu nj vafdr ewY; dk 10 izfr'kr] vkcaVu ij
20%, izFke ;kpuk ij 20 izfr'kr f}rh; vkSj 'ks"k vko';drk iM+us ijA
800 iwokZfèkdkj va'kksa vkSj 10,000 lerk va'kksa ds fy, vkosnu&i=k izkIr gq, vkSj 15 Qjojh dks vkcaVu fd;k
x;kA igyh rFkk nwljh ;kpuk Øe'k% 1 vizSy vkSj 1 twu dks dh xbZA fu;r fnukadksa dks nl fnu i'pkr~ fuEukafdr
èkujkf'k izkIr gqbZµ
16,000 #- iwokZfèkdkj va'kksa esa vkcaVu vkSj 19,000 #- lerk va'kksa ds vkcaVu ijA
15,000 #- iwokZfèkdkj va'kksa dh izFke ;kpuk vkSj 18,000 #- lerk va'kksa dh izFke ;kpuk ijA
14,000 #- iwokZfèkdkj va'kksa dh f}rh; ;kpuk vkSj 16,000 #- lerk va'kksa dh f}rh; ;kpuk ijA
bu O;ogkjksa dks ize.My ds jkstukepk vkSj jksdM+ iqLrd esa fyf[k;s vkSj n'kkZb;ksa fd iw¡th vkfFkZd fpës esa
fdl izdkj fy[kh tk;sxhA
Ans. : Calls in Arrear on preference shares Rs. 3,000 on Equity shares Rs. 7,000 Total of Balance Sheet Rs.
1,16,000.
Q. 15. N. F. Limited was registered on 3rd March 1988 with an authorised capital of 1,00,000 shares of Rs. 100
each. 50,000 shares was offered to the public, the issue price being Rs. 110. From the following particulars
make entires in the books of company and give ledger accounts (assuming the books are closed on 31st
March).
1988
April 5 Received applications for 70,000 shares with a payment of Rs. 20 per share as application money.