Question

A Ltd invited applications for 10000shares of 100each at a discount of 5% payable
on application 25
on allotment 34
first&final call. 36
applications were received for 9000shares are all of these were accepted . all moneys due were received except the first and final call on 100 shares which were forfeited of the forfeited shares 50 shares were issued at the rate of 90 as fully paid show necessary journal entries in the books of the company​

Answer 1

Answer:

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Answer 2

Answer:

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