10,000 equity shares of 20 each are issued for public subscription at a premium of 10%. The...
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10,000 equity shares of ₹20 each are issued for public subscription at a premium of 10%. The full amount is payable on application. Applications were received for 20,000 shares and pro rata allotment was made to the applicants. Journalise the transactions.
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When shares are issued for public subscription Equity Share Capital ...View the full answer
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Abdul Wahab Qaiser
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