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Y ltd fortified 1500 shares of …

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Y ltd fortified 1500 shares of rs 10 each(Rs 7 called up valu) for non payment of allotment money of rs 4 per share including Rs 1 as permium of these 1000 shares were reissued of M and rs 6 per share and Rs 7 called up. Journalis the following transactions in books of Y ltd

Posted by Parth Khandelwal 1 year ago

CBSE > Class 12 > Accountancy

1 answers

Diksha Jain 1 year ago

Agro Ltd. invited application for 20,000 shares of the value of Rs.10 each. The amount is payable as Rs.3 on application and Rs.5 on allotment and balance on First and Final call. Applications were received for 30,000 shares. Find out the amount received on the application

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