Question

7
Enter the following transactions in the purchases book of Radha Mohan
3 Jan, 15 Purchased from Orient Tea House 15 chests of Tea @ Rs. 250 per chet and 10 chests of coffee @ Rs.
385 per chest
14 Jan, 15. Bought from B K Saha & Sons, 12 chests of Darjeeling Tead Rs. 300 per chest
30 Jan. 15: Purchased from A, Barua, 10 chests of Assam Tea @ 225, per chest and 5 chests of B' grade Coffee
@ Rs. 260 per chest
per chest​

Answer 1

Answer:

(Both Classes of Shares/Cash Book) Y Ltd. was formed with an authorised capital

* 40,00.000 divided into 3,00,000 equity shares of 10 each and 10,000 Preference shares

* 100 each. Both classes of shares were issued to the public in full and they are to be pa

Preference shar

follows:

Equity shares

Application

20 percent

Allotment

30 percent

First call

50 percent

Second call

All the calls were made and in due course the money were received in full. Give

necessary journal entries and prepare Cash Book.

25 perc

25 perc

25 perc

25 perc