Question

EPRATION OF CASH BOOK
On April 1, 2016, Suzon Electricity Ltd. offered 50,000 shares of * 10 each to the public on
following terms
* 4 to be paid on Application
33 to be paid on Allotment
* 2 to be paid on two months after allotment and
I to be paid on three months after first call.
The public applied for 45,000 shares which were allotted, the allotment taking place on 1st May,
2016. All money due on allotment was received by the 15th May, 2016. Calls were duly made but
a shareholder holding 1,000 shares failed to pay the first call. On final call, there was a further
default on 200 shares.
Make entries in ​

Answer 1

Answer:

m

Explanation:

Answer 2

Answer:

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