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|Sanjay Ltd invited applications from the public for the
issue of 10,000 equity shares of Rs. 10 each
at a premium of 20%, payable Rs. 3 on application; Rs. 5 on
allotment including premium and the
balance in two calls of an equal amount. Applications for
15,000 equity shares were received. The
directors allotted 10,000 shares to all the applicants on
pro-rata basis adjusting the excess application
money towards allotment. All money due on allotment and
calls were received.
Give journal entries to record the above transactions in the
books of the company. Also show the
|pre paid expense is a asset?where it should be posted.
|what is Sundary Debtor and sundary creditor.
|What do you mean by the term Accounts Payables/ Receivables?
|what is monthly final accounts and analysis
|I need to know when you buy a asset on credit and your
monthly instalment is $10000 in the books where and how do
you record the outstanding liability the interest and the
capital instalments.Secondly the deposit that you receive
which you should still send back to the tenat where in the
books do you record for entry and the contra entry.
|WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A
CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PASS THIS JOURNAL
|Explain Sundry Debtors and Sundry Creditors.
|trial balance is not a conclusive..?
|if the chegue is post dated in the time of paying pre-paid
insurense how can show the journal entry in the company book?
please show that this journal entry
|can u tell me what is the process of calculating closing
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