Board Exam 2025 | Class 12 Accountancy | Important Question | Guess/Model/Sample Papers

q11. Naman Ltd. issued 20,000 shares of Rs.100 each, payable Rs.25 on application,
Rs.30 on allotment, Rs.25 on first call and the balance on final call. All money
duly received except Anubha, who holding 200 shares did not pay allotment
and calls money and Kumkum, who holding 100 shares did not pay both the
calls. The directors forfeited the shares of Anubha and Kumkum.
Give journal entries.
q8. Sumit Machine Ltd. issued 50,000 shares of Rs.100 each at premium of 5%. The shares were payable Rs.25 on application, Rs. 50 on allotment and Rs.30 on first and final call. The issue was fully subscribed and money was duly received except the final call on 400 shares. The premium was adjusted on allotment. Give journal entries and prepare the balance sheet.
8. सुमित मशीन लिमिटेड ने 5% प्रीमियम पर 100 रुपये प्रति शेयर के 50,000 शेयर जारी किए। शेयरों का भुगतान आवेदन पर 25 रुपये, आवंटन पर 50 रुपये और प्रथम एवं अंतिम मांग पर 30 रुपये किया जाना था। इश्यू पूरी तरह से सब्सक्राइब हो गया और 400 शेयरों पर अंतिम मांग को छोड़कर बाकी पैसा विधिवत प्राप्त हो गया। प्रीमियम आवंटन पर समायोजित किया गया। जर्नल प्रविष्टियाँ दें और बैलेंस शीट तैयार करें।

Class-12th Accountancy PART-B NCERT Chapter No-1 Accounting for share capital Q.N-8. Solution.