Total Amount = ? 4,40,000 Face value of shares is 10. Premium 10% = Premium amt Rs. 1. Issue Price = Face Value + Securities Premium 10 + 1 = 11 No. of Equity Shares = \(\frac<\text>><\text>>\) = \(\frac < 440000>< 11>\) = 40,000 Shares
Question 2. Currency acquired ahead of time out-of share people prior to it being indeed called – right up of the director is (a) debited so you can phone calls – during the – get better An effective/c (b) Cr to Phone calls – when you look at the – improve A great/c (c) Dr in order to phone calls An excellent/c (d) none of your over Respond to: (b) Cr so you’re able to Phone calls – inside – progress A good/c