Sanad Ltd. want to extend their business. So, it issued 6000 Debentures of BD 100 each at a premium of BD 10 per share. Payable as follows: BD 60 on Application (including BD 10premium), BD 30 on Allotment and BD 20 on First and Final call. 1500 of the debentures were applied for and allotted. All the calls were duly received. 

Requirement:

1. Change the highlighted number and used the last four numbers of your student ID. Then, make necessary journal entries in the books of the company. me ID number the last four numbers is 1148.

Answer rating: 100% (QA)

Sure lets change the highlighted numbers to the last four digits of your studen... View the full answer