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X Ltd. issued 10,000 shares of 20 each payable 5 of on allotment and balance on call. It received appliced 1800pshares so it rejected applications for 3,000 shares and allotment wa made on pro-rata basis among the remaining applicants. Gupta who was allotted 400 shares failed to pay allotment and call money. His shares were forfeited and re-issued at 15 per share. Pass necessary journal entries to record these? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about X Ltd. issued 10,000 shares of 20 each payable 5 of on allotment and balance on call. It received appliced 1800pshares so it rejected applications for 3,000 shares and allotment wa made on pro-rata basis among the remaining applicants. Gupta who was allotted 400 shares failed to pay allotment and call money. His shares were forfeited and re-issued at 15 per share. Pass necessary journal entries to record these? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X Ltd. issued 10,000 shares of 20 each payable 5 of on allotment and balance on call. It received appliced 1800pshares so it rejected applications for 3,000 shares and allotment wa made on pro-rata basis among the remaining applicants. Gupta who was allotted 400 shares failed to pay allotment and call money. His shares were forfeited and re-issued at 15 per share. Pass necessary journal entries to record these?.

Solutions for X Ltd. issued 10,000 shares of 20 each payable 5 of on allotment and balance on call. It received appliced 1800pshares so it rejected applications for 3,000 shares and allotment wa made on pro-rata basis among the remaining applicants. Gupta who was allotted 400 shares failed to pay allotment and call money. His shares were forfeited and re-issued at 15 per share. Pass necessary journal entries to record these? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of X Ltd. issued 10,000 shares of 20 each payable 5 of on allotment and balance on call. It received appliced 1800pshares so it rejected applications for 3,000 shares and allotment wa made on pro-rata basis among the remaining applicants. Gupta who was allotted 400 shares failed to pay allotment and call money. His shares were forfeited and re-issued at 15 per share. Pass necessary journal entries to record these? defined & explained in the simplest way possible. Besides giving the explanation of X Ltd. issued 10,000 shares of 20 each payable 5 of on allotment and balance on call. It received appliced 1800pshares so it rejected applications for 3,000 shares and allotment wa made on pro-rata basis among the remaining applicants. Gupta who was allotted 400 shares failed to pay allotment and call money. His shares were forfeited and re-issued at 15 per share. Pass necessary journal entries to record these?, a detailed solution for X Ltd. issued 10,000 shares of 20 each payable 5 of on allotment and balance on call. It received appliced 1800pshares so it rejected applications for 3,000 shares and allotment wa made on pro-rata basis among the remaining applicants. Gupta who was allotted 400 shares failed to pay allotment and call money. His shares were forfeited and re-issued at 15 per share. Pass necessary journal entries to record these? has been provided alongside types of X Ltd. issued 10,000 shares of 20 each payable 5 of on allotment and balance on call. It received appliced 1800pshares so it rejected applications for 3,000 shares and allotment wa made on pro-rata basis among the remaining applicants. Gupta who was allotted 400 shares failed to pay allotment and call money. His shares were forfeited and re-issued at 15 per share. Pass necessary journal entries to record these? theory, EduRev gives you an ample number of questions to practice X Ltd. issued 10,000 shares of 20 each payable 5 of on allotment and balance on call. It received appliced 1800pshares so it rejected applications for 3,000 shares and allotment wa made on pro-rata basis among the remaining applicants. Gupta who was allotted 400 shares failed to pay allotment and call money. His shares were forfeited and re-issued at 15 per share. Pass necessary journal entries to record these? tests, examples and also practice Commerce tests.