Question : Mahesh Ltd. took over assets of Rs.24,60,000 and liabilities of Rs.4,60,000 of J Ltd. at an agreed value of Rs.22,00,000 payable Rs.5,08,000 by a bank draft and balance by the issue of Equity Shares of 100 each at a premium of 20%. The number of Equity Shares issued by Mahesh Ltd. to settle the above transaction is:

Option 1: 13,800

Option 2: 14,100

Option 3: 14,200

Option 4: 14,600

Question : DLF Ltd. purchased a Machinery from JP power Ltd. for Rs. 9,00,000. DLF Ltd. immediately paid Rs. 1,80,000 by Bank Draft and the balance by issue of preference share of Rs. 100 each at 20% premium for the purchase consideration of Machinery to XY Ltd. Shares issued by AB

Question : ABC Ltd. forfeited 150 Equity Shares of Rs. 10 each issued at a premium of Rs. 5 per share, for non-payment of allotment money of Rs. 8 per share (including premium of Rs. 5 per share), the first call of Rs. 2 per share and the final call of Rs. 3

Question : ABC Ltd. forfeited 150 Equity Shares of Rs. 10 each issued at a premium of Rs. 5 per share, for non-payment of allotment money of Rs. 8 per share (including premium of Rs. 5 per share), the first call of Rs. 2 per share and the final call of Rs. 3

Question : ABC Ltd. forfeited 150 Equity Shares of Rs. 10 each issued at a premium of Rs. 5 per share, for non-payment of allotment money of Rs. 8 per share (including premium of Rs. 5 per share), the first call of Rs. 2 per share and the final call of Rs. 3

Question : ABC Ltd. forfeited 150 Equity Shares of Rs. 10 each issued at a premium of Rs. 5 per share, for non-payment of allotment money of Rs. 8 per share (including premium of Rs. 5 per share), the first call of Rs. 2 per share and the final call of Rs. 3