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प्रश्न
Bharat Ltd made the first call of ₹ 2 per share on its 1,00,000 Equity Shares on 1st March , 2006. Ashok, a shareholder, holding 800 shares paid the second and final call amount along with the first call money. The second and final call amount was ₹ 3 per share. Pass necessary journal entries for recording the above using the Calls-in Advance Account.
उत्तर
Books of Bharat Ltd.
Journal
|
Date |
Particulars |
L.F. |
Debit Amount Rs |
Credit Amount Rs |
|
|
2006 |
|
|
|
|
|
|
|
Equity Share First Call A/c |
Dr. |
|
2,00,000 |
|
|
|
To Equity Share Capital A/c |
|
|
2,00,000 |
|
|
|
(Shares first call due on 1,00,000 shares at Rs 2 per share) |
|
|
|
|
|
|
|
|
|
|
|
|
Mar 01 |
Bank A/c |
Dr. |
|
2,02,400 |
|
|
|
To Equity Share First Call A/c |
|
|
2,00,000 |
|
|
|
To Call-In-Advance A/c |
|
|
2,400 |
|
|
|
(Share first call received with call-in-advance of 800 shares at Rs 3 per share) |
|
|
|
|
APPEARS IN
संबंधित प्रश्न
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|
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