CBSE Class 12-commerce - Pro-rata Allotment and Call-in-Arrears/Advance Videos
Accounting for Share Capital
Accounting for Share Capital, Introduction to Share Capital
- <div>I am not getting call in advance concept</div> <div>So please do something for that ?</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>
- <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>
