7. Y Ltd. was formed with an authorised capital of 40,00,000 divided into 3,00,000 equity shares of 10 each and 10,000 Preference shares of 100 each. Both classes of shares werebissued to the public in full and they are to be paid as follows:Equity sharesPreference sharesApplication20 percent25 percentAllotment30 percent25 percentFirst call50 percent25 percentSecond call25 percentAll the calls were made and in due course the money were received in full. Give thenecessary journal entries and prepare Cash Book.true answer..will be marked as brainliest .plz ans. this urgent..

7. Y Ltd. was formed with an authorised capital of 40,00,000 divided i

1.	7. Y Ltd. was formed with an authorised capital of 40,00,000 divided into 3,00,000 equity shares of 10 each and 10,000 Preference shares of 100 each. Both classes of shares werebissued to the public in full and they are to be paid as follows:Equity sharesPreference sharesApplication20 percent25 percentAllotment30 percent25 percentFirst call50 percent25 percentSecond call25 percentAll the calls were made and in due course the money were received in full. Give thenecessary journal entries and prepare Cash Book.true answer..will be marked as brainliest .plz ans. this urgent..
Answer» I hope this will help. For any QUERIES then PLEASE dm or COMMENT :)

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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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