Question

1
10/(Calls in arrears and calls in advance) DLF Co. Ltd, issued 70,000 shares of ? 10
each as follows:
2008
Apr.1 on application
June 6 on allotment
4
Nov. 1
on Ist call
2009
Feb. 1 on lind and final call
One shareholder to whom 1000 shares were allotted paid the full amount along with
allotment money and another shareholder who was allotted 1200 shares did not pay
the final call but which he paid on 31st March 2009 along with Interest. Provisions of
Table A are applicable. Pass Journal entries. Payment of Intt, on calls in advance is
made on Feb. 1, 2009​

Answer 1

Answer:

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