Question

x ltd. issued 10000 equity share of rs 10 each.the amount on there share were payable as rs. 2 on application,rs 3 on allotment and rs.5 on first and final call. all the amount were duly received. A who holds 500 equity share did not pay allotment and the first call amount on these share and B who holds 300 share did not pay the first call money. Prepare bank A/c in the books of X Ltd. ​

Answer 1

Explanation:

Bank account balance = 94500