Question

Duttsons Ltd. registered with a nominal capital of 5,00,000 in shares of * 100 each. 3,000
shares of which were issued payable as to 12.50 on application, 12.50 on allotment, * 25 three
months after allotment and the balance to be called-up as and when required. All moneys upto
allotment were duly recorded but as regards the call of * 25, a shareholders holding 100 shares
did not pay the amount due. Another shareholder who was allotted 150 shares paid them in full.
Show the necessary entries to record the above transactions (including cash).​

Answer 1

Answer:

sorry this question is not related to my class

Answer 2

Explanation:

journal entry

bank a/c dr.

to share appreciation a/c