I am not getting call in advance concept
So please do something for that ?
Asked by Shruti
| 25th Nov, 2017,
10:49: PM
Expert Answer:
Thanks for asking us a question in Ask the Expert section of TopperLearning.com. Kindly attend the Accountancy live class scheduled on 4th Dec, 2017 between 6.30 and 7.30 p.m. to clarify all your concepts.
Thanks for asking us a question in Ask the Expert section of TopperLearning.com. Kindly attend the Accountancy live class scheduled on 4th Dec, 2017 between 6.30 and 7.30 p.m. to clarify all your concepts.
Answered by
| 27th Nov, 2017,
10:31: AM
Concept Videos
- <div> <div>Zee Limited was registered with a capital of Rs. 20,00,000, divided into 80,000 shares </div> <div>of Rs. Each. The Company offered to the public for subscription 40,000 shares </div> <div>payable Rs. 7.50 per share on Application, Rs. 7.50 per share on allotment and the </div> <div>balance in two calls of equal amounts. The company received applications for 46,400 </div> <div>shares. Applications for 4,000 shares were rejected altogether and the application </div> <div>money was returned to the applicants . A person who applied for 4,000 shares was </div> <div>allotted only 1,600 shares and the excess of his application money was carried </div> <div>forward towards the payment of allotment and calls. </div> <div>Make Journal entries to record the above issue of shares.</div> </div>
- <div> <div>Zee Limited was registered with a capital of Rs. 20,00,000, divided into 80,000 shares </div> <div>of Rs. Each. The Company offered to the public for subscription 40,000 shares </div> <div>payable Rs. 7.50 per share on Application, Rs. 7.50 per share on allotment and the </div> <div>balance in two calls of equal amounts. The company received applications for 46,400 </div> <div>shares. Applications for 4,000 shares were rejected altogether and the application </div> <div>money was returned to the applicants . A person who applied for 4,000 shares was </div> <div>allotted only 1,600 shares and the excess of his application money was carried </div> <div>forward towards the payment of allotment and calls. </div> <div>Make Journal entries to record the above issue of shares.</div> </div>
- <div> <div>Zee Limited was registered with a capital of Rs. 20,00,000, divided into 80,000 shares </div> <div>of Rs. Each. The Company offered to the public for subscription 40,000 shares </div> <div>payable Rs. 7.50 per share on Application, Rs. 7.50 per share on allotment and the </div> <div>balance in two calls of equal amounts. The company received applications for 46,400 </div> <div>shares. Applications for 4,000 shares were rejected altogether and the application </div> <div>money was returned to the applicants . A person who applied for 4,000 shares was </div> <div>allotted only 1,600 shares and the excess of his application money was carried </div> <div>forward towards the payment of allotment and calls. </div> <div>Make Journal entries to record the above issue of shares.</div> </div>
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