Question

Black & White Caspany invited applications for 10,000 shares of 100 each payable as follows:
205
On Allotment
30%
On Final Call
10%
paties were received for 12.000 shares. The applicants for 8,000 shares were allotted
- the shares applied for. One applicant who had applied for 4,000 shares was, however,
allotted only 2,000 shares and the excess application money was retained for adjustment on
best does. All the calls were made and money realised except the final call money on
600 shares. Pass the necessary Journal entries in the books of the company.​

Answer 1

Answer:

This is your answer please give me a point please make me brainless I hope I you