Question

Calls-in-advance
(made on June 1, 2019) * 30 and Final call (made on Aug. 1, 2019) * 20. Applications
were allotted paid all the money with the first call money. Give necessary Journal entris
in the books of the company.
12
Ans. Interest on Advance Money : 4,000x
80; Total of Journal 10,04,080.
100 12
2
X
SBPD Publications Accountancy (22)
Patna Tractors Ltd. issued to the public, 5,000 Equity Shares of 100 each on Jan. 1.000
payable as follows: On Application 20, Allotment (made on March 1, 2019) * 30. First
received for all shares and the shares were allotted. One shareholder to whom 200 shares​

Answer 1

Answer:

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