UrbanPro

Take Class 12 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

What is the maximum discount that can be offered in case of reissue of shares?

Asked by Last Modified  

4 Answers

Learn Accountancy +1 Class XI-XII Tuition (PUC)

Follow 4
Answer

Please enter your answer

Trainer

Maximum discount on reissue of shares forfeited shall not exceed amount in share forfeiture account.
2 Comments

Freelancer & Educator, Language , Vedic Maths, Humanities

Discount in shares varies in different sectors. For example, in share capital A c = Rs.10,000 and Bank particulars is also Rs 10,000. Discount Rs 1 or Rs. 2 is added in case of Rs 300 or Rs 200.
Comments

Tutor

20%.
Comments

Case 1: Originally issued at par or premium but now re issued at a discount The maximum amount of discount should be less than or equal to the amount standing to the credit of forefeited shares account. Case 2: When the shares were originally issued at a discount and now are reissued at discount The...
read more

Case 1: Originally issued at par or premium but now re issued at a discount

The maximum amount of discount should be less than or equal to the amount standing to the credit of forefeited shares account.

Case 2: When the shares were originally issued at a discount and now are reissued at discount

The maximum amount of discount should be less than or equal to the amount credited to Forefeited shares account and the original discount together.

read less
Comments

View 2 more Answers

Related Questions

Give two examples of â??Significant non cash transactionsâ??.
Goodwill written off during the year and depreciation charged on fixed assets
Vidyarajeev
0 0
9
Is it possible for one hospital to have an income and expenditure account whereas another has a profit and loss account?
It depends on the type of organisation let me illustrate with an example hospitals that are runned by state government or any NGO or trust does not profit motive hence they will prepare Income and expenditure...
Divya
0 0
5
Why should a new partner contribute towards goodwill on his admission?
Due to admission of a new partner, old partners have to share their part in their value of goodwill created till date. Hence they (old) partners wants contribution from new partner for their compromise...
Chittaranjan
Where will you show purchase of computer in cash flow statement?
This is an outflow of cash, and computer is a fixed nature asset so it is shown as an outflow in investing activity
Vijaya
0 0
5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Recommended Articles

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Radhe Shyam is a highly skilled accounts and finance trainer with 8 years of experience in teaching. Accounting is challenging for many students and that’s where Radhe Shyam’s expertise comes into play. He helps his students not only in understanding the subject but also advises them on how to overcome the fear of accounts...

Read full article >

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more