Question

ABC Ltd. issued 15000 shares of Rs.2 at 2 premium
app 4(2) allotment (2) Ist (3) 2nd (3)
Mr.A holding 500 shares paid all his dues along with allotment
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Answer 1

Explanation:

Bank dr. 60000

To sh app. 60000

Sh app dr. 60000

To sec prem. 30000

To sh cap. 30000

Sh all dr