The Total solution for NCERT class 6-12
Books of Anish Limited
Date
Particulars
L.F.
Debit
Amount
Rs
Credit
Bank A/c
Dr.
9,00,000
To Equity Share Application A/c
(Application money received on application for 30,000 equity shares @ Rs 30 per share)
Equity Share Application A/c
To Equity Share Capital A/c
(Share Application money transferred to Share Capital
Account)
Equity Share Allotment A/c
15,00,000
(Allotment money due on 30,000 @ Rs 50 per share)
To Equity Share Allotment A/c
(Share Allotment money received for 30,000 shares @
Rs 50 per share)
Equity Share First and Final Call A/c
6,00,000
Share First and Final call due on 30,000 shares @ Rs 20
per share)
To Equity Share First and Final Call A/c
(Share First and Final Call money received for 30,000
shares @ Rs20 per share)