Wampire Ltd. invited application for 15,000 of its equity shares of Rs.10/- each at a premium of Rs.5/- per share, payable Rs.3/- on application, Rs.6/- on allotment (including premium) Rs.3/- on 1st call & Rs.3/- on final call. Application was received for 20,000 shares & it was decided to deal with the same as follows in arrangement with the stock exchange authorities. a) To refuse allotment to applicants for 2,000 shares. b) To give full allotment to applicants for 5,000 shares. c) To allot the remaining shares pro-rata among other applicants. d) To utilize the surplus received on application in part payment of amount due on allotment. Ramesh holder of 200 shares (to whom full allotment was made) & Rajesh, holder of 400 shares (to whom pro-rata allotment was made) failed to pay the allotment money. Jayesh holder of 100 shares failed to pay the first & final call. All these shares were Forfeited & re-issued 300 shares (Full allotment of Ramesh & 100 of Rajesh) at Rs.8/- per share. Show the entries in the books of the company.Wampire Ltd. invited application for 15,000 of its equity shares of Rs.10/- each at a premium of Rs.5/- per share, payable Rs.3/- on application, Rs.6/- on allotment (including premium) Rs.3/- on 1st call & Rs.3/- on final call. Application was received for 20,000 shares & it was decided to deal with the same as follows in arrangement with the stock exchange authorities. a) To refuse allotment to applicants for 2,000 shares. b) To give full allotment to applicants for 5,000 shares. c) To allot the remaining shares pro-rata among other applicants. d) To utilize the surplus received on application in part payment of amount due on allotment. Ramesh holder of 200 shares (to whom full allotment was made) & Rajesh, holder of 400 shares (to whom pro-rata allotment was made) failed to pay the allotment money. Jayesh holder of 100 shares failed to pay the first & final call. All these shares were Forfeited & re-issued 300 shares (Full allotment of Ramesh & 100 of Rajesh) at Rs.8/- per share. Show the entries in the books of the company.Wampire Ltd. invited application for 15,000 of its equity shares of Rs.10/- each at a premium of Rs.5/- per share, payable Rs.3/- on application, Rs.6/- on allotment (including premium) Rs.3/- on 1st call & Rs.3/- on final call. Application was received for 20,000 shares & it was decided to deal with the same as follows in arrangement with the stock exchange authorities. a) To refuse allotment to applicants for 2,000 shares. b) To give full allotment to applicants for 5,000 shares. c) To allot the remaining shares pro-rata among other applicants. d) To utilize the surplus received on application in part payment of amount due on allotment. Ramesh holder of 200 shares (to whom full allotment was made) & Rajesh, holder of 400 shares (to whom pro-rata allotment was made) failed to pay the allotment money. Jayesh holder of 100 shares failed to pay the first & final call. All these shares were Forfeited & re-issued 300 shares (Full allotment of Ramesh & 100 of Rajesh) at Rs.8/- per share. Show the entries in the books of the company.Wampire Ltd. invited application for 15,000 of its equity shares of Rs.10/- each at a premium of Rs.5/- per share, payable Rs.3/- on application, Rs.6/- on allotment (including premium) Rs.3/- on 1st call & Rs.3/- on final call. Application was received for 20,000 shares & it was decided to deal with the same as follows in arrangement with the stock exchange authorities. a) To refuse allotment to applicants for 2,000 shares. b) To give full allotment to applicants for 5,000 shares. c) To allot the remaining shares pro-rata among other applicants. d) To utilize the surplus received on application in part payment of amount due on allotment. Ramesh holder of 200 shares (to whom full allotment was made) & Rajesh, holder of 400 shares (to whom pro-rata allotment was made) failed to pay the allotment money. Jayesh holder of 100 shares failed to pay the first & final call. All these shares were Forfeited & re-issued 300 shares (Full allotment of Ramesh & 100 of Rajesh) at Rs.8/- per share. Show the entries in the books of the company.
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Wampire Ltd. invited application for 15,000 of its equity shares of Rs.10/- each at a premium of Rs.5/- per share, payable Rs.3/- on application, Rs.6/- on allotment (including premium) Rs.3/- on 1st call & Rs.3/- on final call. Application was received for 20,000 shares & it was decided to deal with the same as follows in arrangement with the stock exchange authorities. a) To refuse allotment to applicants for 2,000 shares. b) To give full allotment to applicants for 5,000 shares. c) To allot the remaining shares pro-rata among other applicants. d) To utilize the surplus received on application in part payment of amount due on allotment. Ramesh holder of 200 shares (to whom full allotment was made) & Rajesh, holder of 400 shares (to whom pro-rata allotment was made) failed to pay the allotment money. Jayesh holder of 100 shares failed to pay the first & final call. All these shares were Forfeited & re-issued 300 shares (Full allotment of Ramesh & 100 of Rajesh) at Rs.8/- per share. Show the entries in the books of the company.Wampire Ltd. invited application for 15,000 of its equity shares of Rs.10/- each at a premium of Rs.5/- per share, payable Rs.3/- on application, Rs.6/- on allotment (including premium) Rs.3/- on 1st call & Rs.3/- on final call. Application was received for 20,000 shares & it was decided to deal with the same as follows in arrangement with the stock exchange authorities. a) To refuse allotment to applicants for 2,000 shares. b) To give full allotment to applicants for 5,000 shares. c) To allot the remaining shares pro-rata among other applicants. d) To utilize the surplus received on application in part payment of amount due on allotment. Ramesh holder of 200 shares (to whom full allotment was made) & Rajesh, holder of 400 shares (to whom pro-rata allotment was made) failed to pay the allotment money. Jayesh holder of 100 shares failed to pay the first & final call. All these shares were Forfeited & re-issued 300 shares (Full allotment of Ramesh & 100 of Rajesh) at Rs.8/- per share. Show the entries in the books of the company.Wampire Ltd. invited application for 15,000 of its equity shares of Rs.10/- each at a premium of Rs.5/- per share, payable Rs.3/- on application, Rs.6/- on allotment (including premium) Rs.3/- on 1st call & Rs.3/- on final call. Application was received for 20,000 shares & it was decided to deal with the same as follows in arrangement with the stock exchange authorities. a) To refuse allotment to applicants for 2,000 shares. b) To give full allotment to applicants for 5,000 shares. c) To allot the remaining shares pro-rata among other applicants. d) To utilize the surplus received on application in part payment of amount due on allotment. Ramesh holder of 200 shares (to whom full allotment was made) & Rajesh, holder of 400 shares (to whom pro-rata allotment was made) failed to pay the allotment money. Jayesh holder of 100 shares failed to pay the first & final call. All these shares were Forfeited & re-issued 300 shares (Full allotment of Ramesh & 100 of Rajesh) at Rs.8/- per share. Show the entries in the books of the company.Wampire Ltd. invited application for 15,000 of its equity shares of Rs.10/- each at a premium of Rs.5/- per share, payable Rs.3/- on application, Rs.6/- on allotment (including premium) Rs.3/- on 1st call & Rs.3/- on final call. Application was received for 20,000 shares & it was decided to deal with the same as follows in arrangement with the stock exchange authorities. a) To refuse allotment to applicants for 2,000 shares. b) To give full allotment to applicants for 5,000 shares. c) To allot the remaining shares pro-rata among other applicants. d) To utilize the surplus received on application in part payment of amount due on allotment. Ramesh holder of 200 shares (to whom full allotment was made) & Rajesh, holder of 400 shares (to whom pro-rata allotment was made) failed to pay the allotment money. Jayesh holder of 100 shares failed to pay the first & final call. All these shares were Forfeited & re-issued 300 shares (Full allotment of Ramesh & 100 of Rajesh) at Rs.8/- per share. Show the entries in the books of the company.
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