company received application for 600000 shares against an issue of 500000 equity shares of 10 each allotment is - Accountancy - Accounting for Not-for-Profit Organisation

Question

company received application for 600000 shares against an issue of
500000 equity shares of ?10 each allotment is yet to be made
against applications received as at the date of balance sheet how
will you show it in balance sheet

Ishi · Accepted Answer

Dear Student
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Regards

company received application for 600000 shares against an issue of 500000 equity shares of ?10 each. allotment is yet to be made against applications received as at the date of balance sheet. how will you show it in balance sheet