Alpha Co. issued to the public for subscription 40000 shares of rs 10 each at discount of 10%payable as rs. 2 each on application, allotment and first call and rs.3 on the final call. Applications were received for 60000 shares and allotment was made pro-rata to 80% of applicants. R to whom 2000 shares were allotted paid only the application money, and S who had applied for 3000 shares,paid the entire call money due along with the allotment. pass journal entries to record the above transaction.

0 Answers  

---

what is the accounting cycle

2 Answers  

---

Can Bonus of pre-operative period be part of pre-operative expenses ?

1 Answers  

---

What does an internal audit charter contain?

0 Answers  

---

What is pr ? why it is prepared and what is its purpose ? who is responsible for preparing it ? And on any fault in it who is liable ? And what will happen if fault comes ?And What are major reasons of fault ?

0 Answers  

---

---

i need to pay around $90000 to Mr.R and the agreement clause says that any amount payable as tax are not included in the amount.So how much i need to deduct TDS...??

1 Answers   Caretel,

---

What is a professional?

0 Answers   Ernst Young,

---

What is vouching?

0 Answers  

---

i want Gratuaty calculaton working

4 Answers  

---

for how much loan a borrower has to submit QIS

0 Answers  

---

What is the motivation to join as an auditor @ Ernst and Young ?

0 Answers   Ernst Young,

---

Do you need to be an expert at something in order to lead a team?

0 Answers   Ernst Young,

---