Anu Ltd. invited applications for 30,000 Shares of Rs. 100 each at a premium of Rs. 20 per share payable as follows: On Application Rs. 40 (including Rs.10 premium), On Allotment Rs. 30 (including Rs.10 premium), On First Call Rs. 30 On Second and Final Call Rs. 20

Applications were received for 40,000 shares and pro-rata allotment was made on the application for 35,000 share. Excess application money was utilised towards allotment. Raju to whom 600 shares were allotted failed to pay the allotment money and his shares were forfeited immediately after allotment.

Find the amount of allotment not paid by Raju?

Match List-I with List-II

Choose the correct answer from the options given below:

Find the correct sequence of procedure of issue of shares :

(A) Receipt of Applications

(B) Issue of prospectus

(C) Allotment of Shares

(D) Making call money due

(E) Receiving Call money

Choose the correct answer from the options given below :

Table F of the Companies Act provides for the payment of interest on calls in advance at a rate not exceeding

When journal entry for forfeiture of shares is recorded in the Company's books, the Share Capital Account -

A share of Rs.10. Issued at a premium of Rs.3. On which Rs.3 was payable on application and Rs.5 was payable on allotment including premium. A shareholder who had applied for 100 shares was Allotted Only 50 Shares and due to non payment of allotment his shares were forfeited. In this case the amount to be debited to securities premium A/c on forfeiture of these shares are

The amount of security premium cannot be used for: