Question

(journal /balance sheet)Amritsar company has an capital of 1000000 Dividend into 100 share It invited applications for 3000 shares Amount is payable 25 on application 35 on allotment and balance in two equal instalments on first call and final call The money was duly received on 3000 shares show entries in journal and prepare balance sheet​

Answer 1

prepare a single column cash book for the month of January 2017from the following