Ganesh Ltd. issued prospectus inviting applications for 10,000 equity shares of 10 each, payable as follows: The
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Ganesh Ltd. issued prospectus inviting applications for 10,000 equity shares of ₹10 each, payable as follows:
The issue is fully subscribed. Pass journal entries in the books of Ganesh Ltd., assuming that all payments due as stated above were received.
Transcribed Image Text:
On application On allotment On first call *2 per share *4 per share *4 per share
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