During the year 2019-20, ABC Ltd issued 10000 equity shares of 50 each at 55 per share, payable as follows
On application
On allotment
15
20 (including premium 5)
On first and final call
20
All the shares are subscribed by the public. One shareholder holding 500 shares did not pay the amount due on allotment.
Pass the journal entries.
Answers
Answered by
2
Answer:
During the year 2014-15, A.B.C. Ltd. issued 10,000 Equity shares of Rs 50 each at Rs 55 per share, payable as follows: On Application Rs 15 On Allotment ...
Top answer
Similar questions