Vikram Ltd. issued 10,000 shares of 10 each to the public. The public has applied for 9,000
Question:
Vikram Ltd. issued 10,000 shares of ₹10 each to the public. The public has applied for 9,000 shares. The shares are payable as follows:
Give journal entries in the book of the company.
Transcribed Image Text:
On application On allotment On call 74 74 32
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (3 reviews)
Date Bank Ac Journal Entries Particulars To Share Applicatio...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Ali, Broc and Cheema have been in partnership trading as Abche They share profits and losses in the ratio 3:2:1. Gavin and Hanuko have been in partnership trading as Gavu. They share profits and...
-
Game Ltd is a tourism company that transports passengers in and out of the Kruger National Park. Game Ltd has a 28 February year-end. Leasing of old motor vehicle On 1 May 2018, Game Ltd decided to...
-
Julie bought 3 fruits: an apple, a banana, and a guava at a cost of $0.25,$0.23 and $0.17 respectively. How much did she pay?
-
1. Debate whether or not online retailers should be required to collect state sales taxes. Suggest an equitable solution to this issue. 2. Research online tax rules. Look specifically at the 1992...
-
In what ways can accountants add value to the capital-budgeting process?
-
What are the advantages and disadvantages of Wahoos Fish Tacos slow growth philosophy of franchise expansion?
-
Verify that Eq. 6.38 is valid by substituting Eq. 6.26 for \(v_{\mathrm{cm}}\) into Eq. 6.37 and working through the algebra. Equations dcm d7cm dt m + mv+... m+... m (6.26)
-
A bond with 5 years to maturity and a coupon rate of 6% has a par, or face, value of $20,000. Interest is paid annually. If you required a return of 8% on this bond, what is the value of this bond to...
-
6. An igloo, a hemispherical enclosure built of ice (1.67 J/m-sC), has as inner radius of 2.50m. The thickness of the ice is 0.5m. At what rate must thermal energy be generated to maintain the air...
-
Discount on issue of shares A/c is shown on: (a). Assets side of B/s (b). Liabilities side of B/s (c). Debit side of Profit & Loss A/c (d). Credit side of Trading A/c
-
Write short notes on: i. Bonus shares ii. Minimum subscription iii. Surrender of shares iv. Rights issue v. Stock- invest scheme vi. Sweat equity vii. Issue of shares for consideration other than...
-
On September 20, 2008, The Wall Street Journal (WSJ) reported that Pfizer was going to discontinue efforts to develop drugs related to the treatment of heart disease, obesity, and bone health. Pfizer...
-
Measurement systems analysis focuses primarily on the variation introduced into the measurement system by human operators. Can you think of other sources of variation introduced by the measurement...
-
(a) Briefly explain what is meant by a joint audit; (b) Outline three advantages and three disadvantages of joint audits.
-
Would a firm that simply expanded its current product line gain economies of scope? Might highly flexible and proficient labor also offer economies of scope?
-
Imagine that you are a manager whose unit is suffering problems due to a lack of coordination between employees. How can OD techniques be used to address this problem? Which particular technique...
-
For many years, the balanced scorecard was seen as more appropriate for implementing strategy than for planning it. Now that the strategy map has been conceived, does this replace the balanced...
-
At the beginning of 2016, EuRo Enterprises had the following balances in its accounts: Cash ...........$16,800 Inventory .......... 4,000 Land ........... 2,000 Common stock ....... 12,000 Retained...
-
What is the ideal number of children to have? This question was asked on the Sullivan Statistics Survey I. Draw a dot plot of the variable Children from theSullivanStatsSurveyI data set at...
-
What is convertible debenture ? What are the advantages of issuing convertible debentures ?
-
What are the different conditions which must be satisfied for treating an amalgamation in the nature of merger?
-
Investment Allowance Reserve is a A. Capital reserve B. Statutory reserve C. None of A or B.
-
How do hegemonic power structures manifest within contemporary political frameworks, and what strategies can marginalized groups employ to challenge and reshape these dynamics
-
1. Prepare an income statement for 20Y3. Create a separate statement indicating the division of net income to the partners. The partnership agreement provides for salary allowances of $45,000 to...
-
discuss the implications of geopolitical shifts, such as the rise of multipolarity and the decline of traditional power structures, on the dynamics of global governance and diplomatic relations?
Study smarter with the SolutionInn App