Question

Answer any 1 EE questions.
A Ltd. invited applications for 1,000 shares of Rs.100 each at a
discount of 5% payable as follows:
On application Rs.25
On allotment Rs.34 (Discount adjusted)
On final call
Rs.36
Application were received for 9,000 shares and all of these wer
accepted. All money was duly received except the final call or
100 shares which were forfeited of the forfeited shares, 50 share
were re-issued @ Rs.90 fully paid.
Show necessary journal entries in the books of the company
6
60121/BPZ3A​

Answer 1

Answer:

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Explanation:

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