What is meant by ‘issue of shares at par’? (C.B.S.E. 2019. C) Post category:Accountancy Reading time:1 mins read SOLUTION Shares are said to have been issued at par when an applicant has to pay a sum equal to the face value of the share. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat are preliminary expenses? Next PostHow ‘preliminary expenses’ appear in the Balance Sheet? You Might Also Like X Ltd. took a loan of Rs. 3,00,000 from IDBI Bank. The company issued 4,000; 9% Debentures of Rs. 100 each as a collateral security for the same. Show how these items will be presented in the Balance Sheet of the company. July 18, 2022 How does the market situation affect the value of goodwill of a firm? September 26, 2022 Mohit and Sobhit are partners sharing profits in the ratio of 3: 2. Rohit was admitted for 1 / 6th share of profit with a minimum guaranteed amount of Rs. 10,000. At the close of the first financial year the firm earned a profit of Rs. 54,000. Find out the share of profit which Mohit, Sobhit and Rohit will get. October 11, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
X Ltd. took a loan of Rs. 3,00,000 from IDBI Bank. The company issued 4,000; 9% Debentures of Rs. 100 each as a collateral security for the same. Show how these items will be presented in the Balance Sheet of the company. July 18, 2022
Mohit and Sobhit are partners sharing profits in the ratio of 3: 2. Rohit was admitted for 1 / 6th share of profit with a minimum guaranteed amount of Rs. 10,000. At the close of the first financial year the firm earned a profit of Rs. 54,000. Find out the share of profit which Mohit, Sobhit and Rohit will get. October 11, 2022