Q. Company offered 10,000 ordinary shares of Rs. 10 at Rs. 12. Company received 8,000 shares application. They allotted Shares against application receipt.
Requirement:Pass the necessary journal entries.
Q.Company offered 10,000 ordinary shares of Rs. 10 at Rs. 9. Company received 10,000 shares application. They allotted Shares against application receipt.
Q.Company offered 10,000 ordinary shares of Rs. 10 at Rs. 9. Company received 15,000 shares application. They allotted Shares against application receipt and refund excess money.
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