CUET Accountancy - R Ltd purchased a building from X Infra for Rs 6,00,000 and the payment is to be made by the issue of shares for Rs 100 each at a premium of 20%. Calculate the number of shares to be issued. | PYQs + Solutions

CUET Accountancy 2025 2 June Shift 2

Company Accounts

Easy

common

5000 shares

6000 shares

10000 shares

60000 shares

✅ Correct Option: 1

Related questions:

14 May Shift 2

Match List-I with List-II

List-I	List-II
(A) For Transfer of Application Money	(I) Share Allotment A/c Dr. To Share Capital A/c
(B) For Money Refunded on Rejected Application	(II) Share Application A/c Dr. To Share Capital A/c
(C) For Amount Due on Allotment	(III) Share Application A/c Dr. To Bank A/c
(D) For Receipt of Allotment Money	(IV) Bank A/c Dr. To Share Allotment A/c

Choose the correct answer from the options given below:

3 June Shift 2

There must be an interval of how many months between the making of two calls unless otherwise provided by the articles of association of the company.

29 May Shift 2

In a Journal Entry of Forfeiture of Shares, Securities Premium Account may be debited, when :-

CUET Accountancy 2025 2 June Shift 2 PYQs