Question

Illustration 2
Eastern Electronics Ltd. was registered with a capital of 2,00,000 divided into
20,000 Equity Shares of 10 each. It offered to the public all the shares at par payable
as+2 per share on Application, 3 on Allotment, 3 on 1st Call and 2 on Final Call.
All shares were subscribed by the public and payments were duly received.
Pass necessary Journal entries.
(B.S.E.B., 2011; U.S.E.B., 2015)




Please solve anyone of 12th class ​

Answer 1

Answer:

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