Question

please answer the 40 questions for 50 points

Answer 1

bank a/c dr..... (15,000*3)45000
To share application a/c.............. 45000

Share application @/c dr....45000
to share capital......... 45000

share allotment a/c dr... (15000*2).30000
To share capital................................................ 30000

bank a/c.. dr 27000
call in arrear a/c dr... 3000
To share allotment.............. 30000

share first call a/c... dr45000
To share capital........................ 45000

bank.a/c dr..... 35000
call in arrer a/c.. dr.... 10000
To share first call................... 45000


share second call a/c dr... 30000
to share capital............................... 30000

bank a/c dr 30000
To share 2 call a/c... 30000


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Answer 2

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