Question

Ans.
re Capital
2. A Ltd. Company with registered capital of 1,00,000 divided into 10,000 shares of 10
each, issued 4,000 shares payable as 1 per share on application, 2 on allotment, * 3 on
first call and the balance on final call. All payments were duly received. You are required to
give Journal entries to record the above transactions.
(B.S.E.B., 2010)
[Ans. J/E Total of Journal 80,000]​

Answer 1

Answer:

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