R limited issued 20000 equity shares of Rs 10 each share money divided on application Rs 3, on allotment Rs 2, on first call Rs 3, on second call Rs 2. Mr Dinesh who have 200 shares pay second call with first call. Give journal entries.
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Learning Goal: I’m working on a accounting question and need an explanation and answer to help me learn.
R limited issued 20000 equity shares of Rs 10 each share money divided on application Rs 3, on allotment Rs 2, on first call Rs 3, on second call Rs 2. Mr Dinesh who have 200 shares pay second call with first call. Give journal entries.
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