Bihar Ltd. offers for subscription 50,000,8%prefernce shares of rs 10 each . the amount was payable as follows on application rs 3 per share on allotment rs for per share on first and final call rs 3per share .
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BANK ACCOUNT DR 1,50,000
TO SHARE APPLICATION A/C 1,50,000
SHARE APPLICATION AC 1,50,000
TO SHARE CAPITAL ACCOUNT 1,50,000
SHARE ALLOTMENT ACCOUNT 2,00,000
TO SHARE CAPITAL ACCOUNT 2,00,000
BANK ACCOUNTS DR 2LAKH
TO SHARE ALLOTMENTS 2 LAKH
1&FINAL CALL A/C DR 1,50,000
TO SHARE CAPITAL 1,50,000
BANK A/C DR 1,50,000
TO 1&FINAL A/C 1,50,000
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