Question

Which formula calculates the sum of the Sales column in the Sales Data table?
Select an answer:
=SUM(Sales. Sales Data)
=SUM(SalesData(Sales])
=SUM([Sales). [Sales Data])
= SUM(Sales)

Answer 1

Explanation:

i Ashwin Ltd Issued 5000 shares of Rs.10 each and 10000 Preference Shares of Rs.10 each. The share capital was collected as follows.

Equity Shares(Rs.)

Preference Shares (Rs.)

Application

2.50/-

2.00/-

Allotment

2.00/-

3.00/-

First Call

3.00/-

2.00/-

Second & Final Call

2.50/-

3.00/-

All the shares were subscribed. The Final call on 800 equity shares and 1200 prefernce shares were not received.

Show the Journal of the Company.