Question

The authorised capital of Sarang Ltd. is * 1,20,00,000 divided into 12,00,000 shares of 10 each. Out of. these,company issued 8,00,000 shares of 10 each at a premium of 20%.the amount per share was payable as followed
application;2 . allotment:6 including premium , on first call :2 , on final call:balance
public applied for 7,80,000 share .all the money were duly received pass the journal entry

plzz tell the answer soon

Answer 1

Answer:

see the above pic

Explanation:

all the journal entries for this question