CBSE BOARD XII, asked by joycenivetha, 1 day ago

Green Ltd. Issued 40,000 shares of Rs.100 each at discount of Rs.10 per share payable as follows :
Rs. 30 on application
Rs. 40 on allotment (including discount) and Rs. 20 on final call
The shares were applied and allotted in full and all moneys were received in time.
Prepare necessary ledger accounts.​

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Answered by ROSEANNE55555
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