Question

1. On 1st Jan, 2018 New Look Ltd., issued 50,000 Equity Shares of 10
each, payable as follows:
On Application = 4; On Allotment (Feb. 1) + 4 ; On Call (May 1) * 2.
Applications for 55,000 shares were received. Excess money received on applications
was returned immediately. Bal Krishan who was allotted 1,000 shares paid call money at the
time of allotment. Directors have decided to adopt Table A. All amounts were duly received.
Pass Journal entries.
SOLUTION
Analysis Table​

Answer 1

Answer:

what is this i ....................

Answer 2

Answer:

Sorry but not possible here..

It's to long.