pass journal entries and prepare share capital account in the books of hero honda ltd.
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share application a/c dr 250000(2.5×lakh)
to share capital account 250000
bank a/c dr. 250000
to share application a/c 250000
share allotment a/c dr 250000
to share allotment a/c 250000
bank a/c dr 250000
to share allotment a/c 250000
share first and final call a/c 500000(5×1L)
to share capital account 500000
bank a/c dr. 498000(99600×5)
calls in arrears dr 2000(400×5)
to share first and final call account 500000
share capital account dr 4000(400×10)
to shares forfeited account. 2000(400×5)
to share first &final call a/c 2000(400*5)
bank a/c dr 1000(200×5)
shares forfeited a/c dr 1000(200×5)
to share capital account 2000
shares forfeited account dr 1000
to capital reserve 1000
i cannot draw here right! you have entries here..just post them in share capital account..still u have doubt then tell me in comment box .i will write and send photo
to share capital account 250000
bank a/c dr. 250000
to share application a/c 250000
share allotment a/c dr 250000
to share allotment a/c 250000
bank a/c dr 250000
to share allotment a/c 250000
share first and final call a/c 500000(5×1L)
to share capital account 500000
bank a/c dr. 498000(99600×5)
calls in arrears dr 2000(400×5)
to share first and final call account 500000
share capital account dr 4000(400×10)
to shares forfeited account. 2000(400×5)
to share first &final call a/c 2000(400*5)
bank a/c dr 1000(200×5)
shares forfeited a/c dr 1000(200×5)
to share capital account 2000
shares forfeited account dr 1000
to capital reserve 1000
i cannot draw here right! you have entries here..just post them in share capital account..still u have doubt then tell me in comment box .i will write and send photo
RohitSaketi:
but u can post all questions..just like u did for this question. .if not me someone will answer...any way its all upto..have a nice day..all the very best..im sure u will definitely need this app again some day..then remember my name..haha..good bye.
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