Match the following for the account that will be debited regarding share.
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1) d, 2) c, 3) b, 4) a 1) c, 2) a, 3) b, 4) d 1) a, 2) c, 3) b, 4) d 1) c, 2) a, 3) d, 4) b |
1) c, 2) a, 3) b, 4) d |
* Forfeiture of Shares issued at Par: Share Capital A/c..........(Called up amount) Dr. To Share Forfeiture A/c...........(Paid up amount) To Share Allotment A/c To Share Calls A/c (individually) * For Receipt of Allotment Money- Bank A/c Dr. To Share Allotment A/c (Allotment money received on ...shares)
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