Class 12 || Accounting for Shares || Episode 6 || Oversubscription,Mixed allotment, Calls in arrears
In this video, we have solved an important Class 12 Accounts question based on Issue of Shares with Mixed Allotment. CD 22. ABC Bank Ltd. Registered with an authorized capital of 1,00,000 shares of Rs. 100 each. It offered 40,000 such shares to public at 10% premium payable as follows: Rs. 40 on application Rs. 20 on allotment (including premium) Rs. 20 on first call Rs. 30 on final call Applications were received for 75,000 shares and allotted on the following way: Groups Share Applied Share Allotted A 10,000 10,000 B 50,000 Pro-rata C 15,000 Nil Article of association of the company authorized to transfer excess money on application to allotment and subsequent calls. Allotment and calls were made and all due money was received. However, Mr. Bashu who had allotted 300 shares under group B failed to pay call money. Required: Journal Entries for : a) Share application b) Share allotment c) Share first call d) Share final call Double pro-rata case: • Class 12 || Oversubscription, Pro-Rata All... Accounting for shares (Episode 1): • Class 12 || Accounting for shares || Chapt... Accounting for shares (Episode 2): • Class 12 || Chapter 2: Accounting for shar... Accounting for shares (Episode 3): • Episode 3 || Accounting for shares - Chapt... Accounting for shares (Episode 4): • Episode 4 ||Class 12 Accounting for Shares... Accounting for shares (Episode 5): • Episode 5 || Class 12 Accounting for Share... Accounting for shares (Episode 6): • Class 12 || Accounting for Shares || Episo... Suitable for: NEB Class 12 Accounts Students (Nepal) Students preparing for Board Exams Anyone confused with Share Capital & Mixed Allotment Do like, subscribe & share this video #callsinarrears #class12accountshares #episode6 #class12accountshares #class12accounts #sharescapital #mixedallotment #accountingforsharecapital #journalEntriesforshares #journaentriesforapplication #journalentriesforallotment #journalentriesforfirstcall journal entries for application journal entries for allotment journal entries for first call journal entries for final call adjustment of excess application money calculation of calls in arrears Class 12 Accounts Nepal Class 12 NEB Advance sworswoti Asmita publication Buddha publication Kriti publication Asia publication Class 12 Account Solution Nepal Journal Entries Class 12 Share Capital Class 12 NEB Accounts Guide Nepal Class 12 Board Exam Nepal Accounting for shares class 12 Class 12 Mixed allotment Class 12 shares Oversubscription, Mixed allotment & calls in arrears calls in arrears calls in advance class 12 shares issues of shares for cash full subscription over & under subscription AG TV account guru calls in arrears & calls in advance accounting for shares in Nepal calls in arrears related questions accountancy class 12th chapter 2 class 12 chapter 2 shares calls in arrears questions ag tv