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A ltd. Company started with a …

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A ltd. Company started with a capital of ₹5,00,000 divided into 50,000 shares of₹10 each issued 40,000 shares payable as: ₹2 on application, ₹3 on allotment and the balance on final call. All the shares issued are fully subscribe and paid up. Pass the necesaary journal entries to record the above issue.

Posted by Abhilasha Kumari 8 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Akshay Suneja 8 years, 6 months ago

Bank a/c ............Dr. 80000 To share application a/c 80000 Share application a/c....Dr. 80000 To share capital a/c 80000 Share allotment a/c.......Dr. 120000 To share capital a/c 120000 Bank a/c............Dr. 120000 To share allotment a/c 120000

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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