Can you please send answer for this L Ltd issued a prospectus inviting applications for 2,00,000 shares of ₹10 - Accountancy - Accounting for Share Capital

Question

Can you please send answer for this
L   L t d   i s s u e d   a   p r o s p e c t u
s   i n v i t i n g   a p p l i c a t i o n s   f o
r   2 , 00 , 000   s h a r e s   o f   ₹
10   e a c h   a t   a   p r e m i u m   o
f   ₹   6   p e r   s h a r e   p a
y a b l e   a s   f o l l o w O n   a p p l i c a t
i o n   — ₹   5   ( i n c l u d i n g
  p r e m i u m   ₹ 2 )   O n   a l l o t
m e n t   — ₹   5   ( i n c l u d i n g
  p r e m i u m   ₹ 2 )   O n   f i r s t
  c a l l   —   ₹   3   ( i n
c l u d i n g   p r e m i u m   ₹ 1 )   O n
  s e c o n d   a n d   f i n a l   c a l l
  — ₹   3   ( i n c l u d i n g   p
r e m i u m   ₹ 1 )   A p p l i c a t i o n s
  w e r e   r e c e i v e d   f o r   2 , 60 ,
000   s h a r e s   a n d   p r o - r a t a   a
l l o t m e n t   w a s   m a d e   t o   t h e
  a p p l i c a n t s   f o r   2 , 50 , 000  
s h a r e s   E x c e s s   m o n e y   p a i d
  o n   a p p l i c a t i o n   f o r   t h e s
e   s h a r e s   w a s   u t i l i z e d   t o
w a r d s   a l l o t m e n t   A   w h o   a p
p l i e d   f o r   1 , 000   s h a r e s   f a
i l e d   t o   p a y   b o t h   t h e  
c a l l s   a n d   h i s   s h a r e s   w e r
e   a l s o   f o r f e i t e d   O f   t h e
  s h a r e s   f o r f e i t e d ,   1 , 800  
s h a r e s   w e r e   r e - i s s u e d   a s
  f u l l y   p a i d   u p   f o r  
₹ 15   p e r   s h a r e   T h e   w h o
l e   o f   B ' s   s h a r e s   b e i n g
  i n c l u d e d   P r e p a r e   c a s h   b
o o k ,   J o u r n a l   a n d   s h o w   s h
a r e   c a p i t a l   a m o u n t i n   B a l a n
c e   S h e e t

Neha Chopra · Accepted Answer

Dear Student

It seems that the question is missing a critical info, i e The
shares applied or allotted to B is missing in the question, Because
of which it is not possible to find the Calls in arrears related to
B's shares and also profit on the reissue of B's share

Please provide the full question so that we can help you at the
earliest

Regards