ABC Ltd, issued prospectus inviting applications for 20,000 equity shares of
Rs.10 each payable as follows
On application RS.2 per share
On allotment Rs.4 per share
On first call Rs.4 per share
The issue is fully subscribed. Pass journal entries in the books of Ganesh Ltd.
assuming that all payments due as stated above were received.87
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ABC Ltd, issued prospectus inviting applications for 20,000 equity shares of
Rs.10 each payable as follows
On application RS.2 per share
On allotment Rs.4 per share
On first call Rs.4 per share
The issue is fully subscribed. Pass journal entries in the books of Ganesh Ltd.
assuming that all payments due as stated above were received.87
Explanation:
...........
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