ssue of Shares
A company made an issue of 30,000 shares of 10 each, payable 33 on application,
5 on allotment and 2 on call. A total of 93,200 shares were applied for and owing
to this heavy over-subscription allotments were made as follows:
Applicants for 21,500 in respect of applications for 2,000 or more) received
10,200 shares. Applicants for 50,000 (in respect of application for 1,000 or more
but less than 2,000) received 12,600 shares. Applicants for 21,100 (in respect of
applications for less than 1,000) received 7,200 shares. Cash then received after
satisfying amount due on application was applied towards allotment and call money
and
any balance was returned. All money due on allotment and call were realised.
Give journal entries including that of cash and write up the cash account and ledger
accounts relating to this issue of shares in the books of the company.
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Sometimes people make prejudiced comments in our presence. We are often not in a position to do anything about this because it is difficult to say something right then and there. Divide the class into groups and each group discuss what they could do in one of the following situations.
A friend teases classmate because he is poor.
You are watching tv with your family and one of them makes a prejudicial comment about a particular religious community.
Children in your class refuse to share their food with a particular person because they think she is dirty.
Someone tells you a joke that makes fun of a community because of their accent.
Some boys make remarks about girls not being able to play games as well as them.
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