1.

X Ltd. was incorporated with a capital of ₹ 2,00,000 divided into shares of ₹ 10 each. 2,000 shares were offered to the public and out of these 1,800 shares were applied for and allotted ₹ 3 per share (including ₹ 1 premium) was payable on application, ₹ 4 per share (including ₹ 1 premium) on allotment, ₹ 2 per share on first call and ₹ 3 per share on final call. All the money was received. Give necessary journal entries and the Balance Sheet.

Answer»

TE YOUR ANSWER ISpayable on application, ₹ 4 per share (including ₹ 1 PREMIUM) on allotment, ₹ 2 per share on first CALL and ₹ 3 per share on final call. All the money was received. Give NECESSARY journal entries and the Balance Sheet.HOPE THIS HELPS ❤️PLEASE MARK AS BRAINLIEST ❤️❤️❤️



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