pls help fast
Dear Student ,
| Date | Particulars | L.F. | Dr.(Amt.) | Cr.(Amt.) |
| (i) | Bank a/c Dr. To Equity share application a/c (being application money received) | 100,000 | 100,000 | |
| (ii) | Equity share application a/c Dr. To Equity Share Capital a/c (being application money transferred) | 100,000 | 100,000 | |
| (iii) | Equity Share Allotment a/c Dr. To Equity Share Capital a/c (being allotment money due) | 200,000 | 200,000 | |
| (iv) | Bank a/c Dr. Calls in arrears a/c Dr. To Equity share Allotment a/c (being allotment money received except 1000 shares) | 196,000 2,000 | 200,000 | |
| (v) | Equity share capital a/c Dr. To Forfeited shares a/c To Calls in arrear a/c (being forfeiture if 1000 shares) | 3,000 | 1,000 2,000 | |
| (vi) | Equity share first call a/c Dr. To Equity share capital A/c (being call money due on 99000 shares) | 297,000 | 297,000 | |
| (vii) | Bank a/c Dr. Calls in arrears a/c Dr. To Equity share first call a/c (being first call received) | 299,500 1500 |
297,000 | |
| (viii) | Equity share capital a/c Dr. To forfeited shares a/c To Calls in arrears a/c (being forfeiture of 500 shares) | 3,000 | 1,500 | |
| (ix) | Equity share second and final call a/c Dr. To Equity share capital a/c (being second and final call due) | 394,000 | 394,000 |
(x) Bank a/c Dr. 394,000
To Equity share second and final call a/c. 394,000
( being second and final call money received)
Regards