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Ashish Ltd. issued 90,000 shares of ` 100 each at a premium of ` 20 per share payable as follows: ` 35 on application (including ` 5 as premium); ` 50 on Allotment (including ` 15 as premium) and remaining amount on First and Final Call. Pass the necessary journal entries in the books of Ashish Ltd. Related: What is Reissue of Forfeited Shares?? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Ashish Ltd. issued 90,000 shares of ` 100 each at a premium of ` 20 per share payable as follows: ` 35 on application (including ` 5 as premium); ` 50 on Allotment (including ` 15 as premium) and remaining amount on First and Final Call. Pass the necessary journal entries in the books of Ashish Ltd. Related: What is Reissue of Forfeited Shares?? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ashish Ltd. issued 90,000 shares of ` 100 each at a premium of ` 20 per share payable as follows: ` 35 on application (including ` 5 as premium); ` 50 on Allotment (including ` 15 as premium) and remaining amount on First and Final Call. Pass the necessary journal entries in the books of Ashish Ltd. Related: What is Reissue of Forfeited Shares??.

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