Question

1         VK ltd was incorporated with an Authorized Capital of ₹  80,000 divided into shares of ₹ 20 each. It offered to the public for subscription 600 shares payable as follows :

         On Application.                ₹ 6 per share 

        On Allotment.                  ₹  4  per share 

        On first call.                      ₹  5 per share 

       On Second call.                 ₹   5 per share 

Share issue expenses paid by the company  ₹ 4,000. The shares were fully subscribed for by the public and application money duly received on time. The Directors made the allotment on time. Record the necessary Journal entries. ​

Answer 1

Answer:

Mark as brainliest!!!

Explanation:

Answer 2

I wanna kill u in my heart