Question

37
7. Rippon Chemicals Limited issued 40,000 shares of 7 10 each payable as follows:
on application
3.507
on allotment
3.50 *
on first and final call
All the shares were subscribed and all the sums were duly received. Shareholder, Tulsi Ambani, who
had 4,000 shares, paid the amount of first and final call with the allotment. Pass necessary journal
entries.
[Ans. Calls paid in Advance * 14,000]
Calls​

Answer 1

Answer:

Ch 3- br + 2na + br -ch 3> ch 3-brt 2 nat + br- ch 3

Answer 2

Explanation:

Here is the answer.... Thnk uhh