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Liquidation
Accountancy
Can anyone explain me the equity shareholders part in the payment side,bcoz the share value in the question is 100 per share but they calculated as 10 per share and 5 per share
Answers (10)
prasad B
So only equity shareholders can be paid with 10rs for 4000shares
And outof 3000shares on which 80 paidup , 100 shares are forefieted so on 2900 sh 15rs is called up is called up further so total paid up on these shares is 95 and by below equity shareholders have to borne loss of 90 so only 5 ra is paid.. I think u got it right ?
prasad B
So only equity shareholders can be paid with 10rs for 4000shares
Bro I can't understand why they have to bear the loss
prasad B
Since there givens as note below
Sir i can't understand why there is a note bcoz all the arrears are rec'd and there is no loss Sir this can u clear for me
Sudha Reddy
Please post rest of the solution if any
Sriram has to post any solution in the next page..may be if there is any contribution in next page there may be a clue ( hint) .but it the solution ends I too don't know ..y they taken the assumption
