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Unlimited company issued a prospectus inviting …

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Unlimited company issued a prospectus inviting application for 4000 share of tan each and premium of two Persia payable as follow application to allotment 5 included premium on first call three on final call to all the share where applied for and wear during allotted to the public the company received all the money you on first and final call on the share expecting on 100 share held by Kapoor who failed to pay these two calls the share held by Kapoor were therefore forfeited pass necessary general entries in the companies books

    • Posted by Neha Srivastava 5 months, 2 weeks ago

    UP Board > Class 12 > Accountancy
    • 0 answers
    ANSWER
    http://mycbseguide.com/examin8/

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    Unlimited company issued a prospectus inviting application for 4000 share of tan each and premium of two Persia payable as follow application to allotment 5 included premium on first call three on final call to all the share where applied for and wear during allotted to the public the company received all the money you on first and final call on the share expecting on 100 share held by Kapoor who failed to pay these two calls the share held by Kapoor were therefore forfeited pass necessary general entries in the companies books

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