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x ltd.was registered with an authorised …

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x ltd.was registered with an authorised capital of 200000 shares of 10 each.It purchased assets of y ltd.for 300000 and issued fully paid shares for purchase consideration. It also invited applications for 120000 shares payable as under: 2.50 applications 2.50 allotment 2 on first call &3 on final call .sarkar who had been alloted 400 shares fail to pay the final call. His shares were forfeited and reissued at 8.50 per share as fully paid up .pass enteries in cash book and journal .

Posted by Adil Ahmed 8 years, 4 months ago

CBSE > Class 12 > Accountancy

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Cp Gaming 5 years, 11 months ago

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