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star Limited invited applications for rs.300000 …

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star Limited invited applications for rs.300000 equity shares of rs.10 each at a premium of 10% If the amount was payable as follows rupees for on application and balance on allotment including premium applications for four legs equity share were received and Pro Rata allotment was made to all the applicants excess money received on application was adjusted towards sums due on allotment Somu who was allotted 6000 share failed to pay the allotment money he share was for fitted the forfeited shares were issued at rupees 9:00 per share as rupees 10 paid up pass necessary journal entries in the books of company assuming that calls-in-arrears account is maintained by the company

Posted by Deepti Singh 4 years, 1 month 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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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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