The Total solution for NCERT class 6-12
Books of A Ltd.
Journal
Date
Particulars
L.F.
Debit
Amount
Rs
Credit
Equity Share Application A/c
Dr.
3,00,000
10% Preference Share Application A/c
6,00,000
To Equity Share Capital A/c
To 10% Preference Share Capital A/c
(Application money transferred to Equity Share Capital )
Equity Share Allotment A/c
5,00,000
10% Preference Share Allotment A/c
8,00,000
To Securities Premium A/c
2,00,000
To 10% Preference Share Allotment A/c
(Amount due on allotment)
Equity Share First and Final Call A/c
4,00,000
10% Preference Share First and Final Call A/c
(Amount on First and Final call due)
Cash Book( Bank Column)
Cr.
J.F.
Equity Share Application
10% Preference Share Application
Equity Share Allotment
10% Preference Share Allotment
Equity Share First and Final Call
Balance c/d
32,00,000
10% Preference Share First & Final Call