Accountancy, asked by jaiswalishant3889, 1 day ago

On 1.1.2017 X Ltd. received in advance the first call of Rs. 2 per share on 10,000 equity shares. The first call was due on 15-2-2017. Journalise the above transactions and transfer the advance to first call account by opening a Calls-in-Advance Account.

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Answered by sp2006833

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