Question

ILLUSTRATION TU.
A limited Company was registered with an authorised capital of 20,00,000
*10 shares, of these 60,000 shares were issued as fully paid to the vendors for t
purchase of buildings. 80,000 shares were subscribed for by the public and during t
first year 6 per share were called up, payable 3 on application, 1 on allotment, ?
on first call, and 1 on second call. The amounts received in respect of these shar
were as follows:
On 60,000 shares the full amount called. Tekl 6
On 12,000 shares 35 per share.
On 5,000 shares 4 per share.
On 3,000 shares 3 per share.
The directors forfeited 8,000 shares on which less than 5 per share had been pai-
Show journal entries in the books of the company and also show the Share Capital
as it would appear in the Balance Sheet.​

Answer 1

Answer:

sorry i donot know.............