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Nyonika Ltd. issued to the public …

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Nyonika Ltd. issued to the public for subscription 40,000 shares of ₹ 10 each payable as under: ₹2 ₹3 ₹2 ₹3 On Application On, Allotment On First call On Final call Applications were received for 60,000 shares and allotment was made pro-rata to 80% of applicants. R to whom 1,600 shares were allotted paid only the application money, and 5 who had applied for 2,400 shares paid the entire call money due along with the allotment. Pass necessary Journal entries to record the above transactions, They company did not call the first second calls yet.

Posted by Arjun Janar 8 months, 3 weeks 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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