If a share of Rs. 100 on which Rs. 45 has been paid is forfeited at what minimum price can it be reissued :

Accountant of a company provides the following steps regarding issue of shares. Arrange them in proper sequence.

(A) Calls in Arrear

(B) Forfeiture of Shares

(C) Receipt of Share Application Money

(D) Reissue of Shares

Choose the correct answer from the options given below:

Identify the amount by which bank account would be debited/credited on refund of rejected applications

Jindal and Company purchased a machine from High Life Machine Limited for Rs.3,80,000. As per purchase agreement, Rs. 20,000 were paid in cash and balance by issue of shares of Rs.100 each. Find the number of shares issued, if they are issued at par:

A minimum of ______ days' notice is to be given to the shareholders to pay the amount of any call :-

A company has to redeem redeemable preference shares of the value of Rs. 1,00,000 at a premium of 10% for which the company has issued 5,000 equity shares of Rs. 10 each at a premium of 20%. The amount to be transferred to capital redemption reserve account would be:

What is the correct sequence of allotment of shares

A. Allotment money received

B. Inviting applications from investors

C. Allotment Due

D. Application money Received

E. Share Call Money Due

Choose the correct answer from the options given below :