1.

Bharat Ltd made the first call of ₹ 2 per share on its 1,00,000 Equity Shares on 1st March, 2006. Ashok, a shareholder, holding 800 shares paid the second and final call amount along with the first call money. The second and final call amount was ₹ 3 per share. Pass necessary journal entries for recording the above using the Calls-in Advance Account.

Answer» E your answer isBharat first call 12 PERCENTAGE in1st MARCH IN2006 Above question shows that it will calls in advance account


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