AUSTRATION 24 (A)
A limited Company was registered with an authorised capital of 2,00,000 in 10
shares of these 6,000 shares were issued as fully paid to the vendors for the purchase
of buildings. 8,000 shares were subscribed for by the public and during the first year
*6 per share were called up, payable 33 on application, 1 on allotment, 1 on first
call, and 1 on second call. The amounts received in respect of these shares were as
follows:
On 6,000 shares the full amount called.
On 1,200 shares 5
per
share.
On 500 shares 4
per share.
On 300 shares 3 per share.
The directors forfeited 800 shares on which less than 5 per share had been paid.
Show journal entries in the books of the company and also show the Share Capital,
as it would appear in the Balance Sheet.
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the balance sheet is not appear and I am not tell you the exact answer but I just think it answer is its 500 and 400 plus 500 phone to connect pansinus 389 978
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