Question 2: Chapter 10 - Company Accounts Part I (Accounting For Shares) Book Keeping Accountancy Solutions for Class 12 Commerce Accountancy

Question 2: Chapter 10 - Company Accounts Part I (Accounting For Shares)

Book Keeping Accountancy Solutions for Class 12 Commerce Accountancy


PRACTICAL PROBLEMS

(Full Subscription)
The HMT Ltd. issued 15,000 Equity shares of Rs 10 each, payable as under-
All the shares were fully subscribed by the public. All the money due on installments were received.
Pass journal entries to record the above transactions in the books of the company.