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On 1 april 2018 prathana ltd …

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On 1 april 2018 prathana ltd was brought with a authorised capital of 90,00,000 divided into 90,000 equity shares of Rs100 each The company invited application for 80,000shares.The amount was payable Rs30 on application Rs40 on allotment and the balance on first and final call Applications for 1,00,000 shares were received Application for 20,000 shares were rejected and the money refunded all calls were made and the money duely received except on a share holder holding 600 shares did not pay the call money.Giving the journal entries for issue and forfited of shares

Posted by Vishwa Shreyas 6 years, 7 months ago

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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