Question

Zen Ltd. issued 10.000 Equity shares of 10 each at a premium per share
On Application
On Allotment
including premium
On First Call
The balance as and when required
Applications were received for 12.000 shares. The company made porta allotment to the
pplicants. One shareholder who was allotted 900 shares paid the total outstanding amount
With allotment while another shareholder who had applied for 1200 shares, did not pay the
Allotment money and on his subsequent failure to pay the first call his shares were med
of the forfeited shares, 800 were reissued at 7 per share
you are required to prepare
(0) Shares Allotment Account
(1) Securities Premium Reserve Account,
(1) Shares Forfeiture Account, and
(iv) Calls-in-Arrears Account.
olution
SHARES ALLOTMENT ACCOUNT​

Answer 1

Answer:

then what is the question