Date
|
Particulars
|
L.F.
|
Debit
(Rs.)
|
Credit
(Rs.)
|
1.
|
Bank A/c ... Dr.
|
125000
| ||
To Equity Share Application A/c
|
125000
| |||
[Being share application money received on 25000 shares @ Rs. 5]
| ||||
2.
|
Equity Share Application A/c ... Dr
|
125000
| ||
To Equity Share Capital A/c
|
100000
| |||
To Bank A/c
|
25000
| |||
[Being share application money transferred to share capital A/c and Balance refunded]
| ||||
3.
|
Equity Share Allotment A/c .... Dr.
|
200000
| ||
To Equity Share Capital A/c
|
200000
| |||
[Being shares allotment amount due on 20000 shares @ Rs. 10]
| ||||
4.
|
Bank A/c ... Dr.
|
200000
| ||
To Equity Share Allotment A/c
|
200000
| |||
[Being share allotment money received on all Shares]
| ||||
5.
|
Equity Share Final Call A/c ... Dr.
|
60000
| ||
To Equity share Capital A/c
|
60000
| |||
[Being share first call amount due on 20000 shares @ Rs. 3]
| ||||
6.
|
Bank A/c ... Dr.
|
60000
| ||
To Equity Share First Call A/c
|
60000
| |||
[Being Share first call amount received on all shares]
| ||||
7.
|
Equity Share Second Call A/c ... Dr.
|
40000
| ||
To Equity Share Capital A/c
|
40000
| |||
[Being share second call amount due on 20000 shares @ Rs. 2]
| ||||
8.
|
Bank A/c ... Dr.
|
39600
| ||
To Equity Share Second Call A/c
|
39600
| |||
[Being Share second call amount received on 19800 shares]
| ||||
9.
|
Calls - in - arrears A/c .... Dr.
|
400
| ||
To Equity Share Second Call A/c
|
400
| |||
[Being calls - in arrears for 200 shares recorded]
|
Advertisement
Yogeshwari Co. Ltd. Ambajogai made an issue of 20,000 equity shares of Rs. 20 each, payable as follows
Yogeshwari Co. Ltd. Ambajogai made an issue of 20,000 equity shares of Rs. 20 each, payable as follows:
Solution: Journal of Yogeshwari Co. Ltd.