Accountancy, asked by chandnibisht7275, 9 months ago

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1635. X Ltd. issued 10,000 shares of 10 each for purchase of plant to Y Ltd.
and issued 15,000 shares to public payable as 3.on application, 2
on allotment, * 3 on first call and 2 on final call.
The amount received on these shares were as under:
On 5,000 shares full amount called
On 7,000 shares 8 per share LX.
On 2,000 shares 5 per share Tay
On 1,000 shares * 3 per share our st
The Directors forfeited 3,000 shares on which less than 8 per share
had been paid and reissued at *7 fully paid up.
Pass journal entries to record these transactions.

Answers

Answered by Rushabh15
0

Answer:

Hi i dont know answer **uk

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