Question

anil Ltd issued 10,000 shares 3 on application 2 on allotment pass journal entries​

Answer 1

Answer:

Bank A/C Dr 30,000

To Share Application A/C 30,000

Share Application A/C Dr 30000

To Share Capital A/C 30000

Share Allotment A/C Dr 20000

To Share Capital A/C 20000

Bank A/C Dr 20000

To Share Allotment A/C 20000

Explanation:

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