premio Limited issued 50000 equity shares of rupees hundred each at a premium of rupees 50 Pershare payable as follows rupees hundred on application and balance on allotment the issue was subscribe and shares issued the applicant's pass the necessary journal entries class 12 accountancy company account
Dear Student
The question provided by you is unclear or incomplete about the premium as we don't know when (on application or on allotment ) and how (like half half at application and on allotment or full on application) it is collected. Recheck your question and please be a little specific so that we can provide you with some meaningful help.
Regards
The question provided by you is unclear or incomplete about the premium as we don't know when (on application or on allotment ) and how (like half half at application and on allotment or full on application) it is collected. Recheck your question and please be a little specific so that we can provide you with some meaningful help.
Regards