Question

Pass journal entries.
3. (Balance Sheet/Notes to Accounts) A company has received applications for 30,000
equity shares of 10 each and 20,000 12% preference shares of 10 each. The company
called up 8 on per equity shares and 6 on per preference shares.
Ajit did not pay * 3 per share on his 3,000 shares and Sumit did not pay 5,000 on his
preference shares.
Show the capital is Balance Sheet.
Ans. Paid up Equity Capital 2,31,000; Paid up preference Capital 1,15,000
not) Amritsar company has an authorised capital of 10,00,000​

Answer 1

Answer:

Accountancy????

Great...To answer