Question

(B.S.E.B., 2013)
6. A Limited Company issued 10,000 shares of 100 each payable as under :
On Application
* 20
On Allotment
* 30
On First and Final Call
50
The public applied for 9,000 shares which were allotted. All the money due on shares was
received except the first and final call on 400 shares. Give Journal entries.​

Answer 1

heyaa,,,

for sol. see the attachment.

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