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Anurag Ltd. invited applications for issuing …

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Anurag Ltd. invited applications for issuing 1,00,0001,00,000 equity shares of ₹10₹10 each at a premium of 10%10%. The amount was payable as follows : On application - ₹3 per share । On allotment - ₹ 3 per share (including premium) On first call - ₹2 per share On second and final call - Balance 3 All the shares were subscribed and allotted. Gopal, holding 600 shares, failed to pay the first call and the second and final call. Pass the necessary journal entries for the above transactions in the books of Anurag Ltd. Open Calls-in-Arrears Account, wherever necessary. (C.B.S.E. 2021 C, Modified

Posted by Vinol Almeida 1 month, 1 week 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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