Question

A Ltd company with registered capital of 100000 divided into 10000 share of 10 each issued 4000 share payable as 1 per share on application 2on allotment 3 on first call and the balance on final call .all payment were duly received .you are required given journal entry to record the above transaction ​

Answer 1

Answer:

In the books of

Journal Entry

Bank A/c. Dr 4000

To Share Application A/c 4000

(Being Application money received )

Share application A/c. Dr 4000

To Share capital A/c 4000

(Being application money due )

Share Allotment A/c Dr 8000

To Share Capital A/c. 8000

(Being Share allotment money due)

Bank A/c. Dr 8000

To Share Allotment A/c 8000

(Being Share Allotment money received)

Share 1st call A/c. Dr 12000

To Share Capital A/c. 12000

(Being Share 1st call money due)

Bank A/c. Dr 12000

To Share 1st Call A/c 12000

(Being Share 1st Call money received)

Share 2nd & Final Call A/c. Dr 16000

To Share Capital A/c. 16000

(Being Share 2nd & Final Call money due)

Bank A/c. Dr. 16000

To Share 2nd & Final Call. 16000

(Being Share 2nd & Final Call money received)

Explaination :

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Answer 2

Explanation:

ए लिमिटेड कंपनी विथ रजिस्ट्रेशन से कव्वा कैपिटल्स ऑफ 100000 डिवाइडेड इनटू 10600 ऑफ द 10 इज यूज टू 7000 से 8000 एप्लीकेशन टू ऑन अलॉटमेंट कॉल्स एंड द बैलेंस ऑफ फाइनल पेमेंट वेयर डू यू लिव