ISSUE OF SHARES COMPANY ACCOUNTS T.S.Grewal Ch -8 Que no -90(Pro-Rata Allotment) скачать в хорошем качестве

ISSUE OF SHARES COMPANY ACCOUNTS T.S.Grewal Ch -8 Que no -90(Pro-Rata Allotment)

ISSUE OF SHARES COMPANY ACCOUNTS T.S.Grewal Ch -8 Que no -90(Pro-Rata Allotment) Class 12 accounts Instagram Link : https://www.instagram.com/manojsharma... SaReGaMa Ltd. invited applications for issuing 80,000 equity shares of 100 each at a premium of 10. The amount was payable as follows: On Application 30 On Allotment 30 (including a premium of 10) On First Call 30 On Final Call Balance Applications of 1,20,000 shares were received. Allotment was made on pro rata basis to all applicants. Excess money received on application was adjusted on sums due on allotment. Dhwani, who was allotted 1,600 shares, failed to pay allotment money and Sargam who applied for 6,000 shares did not pay first call money. These shares were forfeited immediately after first call. 2,000 of these shares (including all shares of Dhwani were issued to Tarang for 95 per share as 80 paid-up. Pass necessary Journal entries in books of Saregama Ltd. by opening Calls-in-Arrear and Calls-in-Advance Accounts, if final call has not been made. #msacademyaccounts #accountancy #tsgrewal2023 #issueofshares #prorataallotment