Accountancy, asked by accountrookie, 10 months ago

. chapter 7 company accounts- issue of shares from D.K Goel book please solve this

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Answered by manoharsetty
2

Answer:

bank a/c Dr 250,000

to share application a/c 250,000

share application a/c Dr 250,000

to share capital a/c 250,000

share allotment a/c Dr 200,000

to share capital a/c 200,000

bank a/c Dr 194,000

to share allotment a/c 194,000

share 1st call a/c Dr 200,000

to share capital a/c 200,000

bank a/c Dr 184,000

share 1st call a/c 184,000

share 2nd call a/c Dr 150,000

to share capital a/c 150,000

bank a/c Dr 120,000

to share 2nd call a/c 120,000

share capital a/c Dr 64,000

to share forfeiture a/c 30,000

to share allotment a/c 6,000

to share 1st call 16,000

to share 2nd call 12000

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