When the shares are issued for consideration other than cash which account will be debited
When shares are issued for consideration other than cash, the company typically issues these shares in exchange for assets, services, or settling a liability. In such cases, the account representing the party from whom the assets or services are received, or the liability is settled, is debited. This is usually the Vendor Account, as it records the entity providing the assets or services.
Train A running at a speed of 31 km/hr crosses train B in 20 seconds. Find the speed of train B (in km/hr), if the sum of the length of train A and B is...
A 250-meter-long train crosses a 150-meter-long train coming from the opposite direction in 20 seconds. If the speed of the first train is 45 km/h, then...
A goods train leaves a station at a certain time and at a fixed speed. After 10 hours, an express train leaves the same station and moves in the same di...
A goods train leaves a station at a certain time and at a fixed speed. After 11 hours, an express train leaves the same station and moves in the same di...
Two trains ‘A’ and ‘B’ started from station ‘P’ and ‘Q’ towards station ‘Q’ and ‘P’ respectively at the same time. When they met...
Train ‘A’ running with a speed of 108 km/hr crosses a vertical pole in 6 seconds. Find the approx. time taken by the train ‘A’ to cross a train ...
Train ‘A’ running with a speed of 108 km/hr crosses a vertical pole in 10 seconds. Find the approx. time taken by the train ‘A’ ...
Train ‘A’ running with a speed of 108 km/hr crosses a vertical pole in 16 seconds. Find the approx. time taken by the train ‘A’ ...
A 150 m long train crosses another 270 m long train running in the opposite direction in 14 seconds. If the shorter train crosses a pole in 12 seconds, ...
Train ‘A’ running with a speed of 72 km/h crosses a pole in 8.5 seconds. If the time taken by train ‘A’ to cross train ‘B’ running with a sp...