A limited company offered for subscription of 1 00 000 equity shares of Rs 10 each at a premium of R...........

A limited company offered for subscription of 1, 00,000 equity shares of Rs 10 each at a premium of Rs 2 per share. 2, 00,000. 10% Preference shares of Rs 10 each at par.

The amount on share was payable as under:

Equity Shares Preference Shares On Application Rs 3 per share Rs 3 per share On Allotment Rs 5 per share Rs 4 per share (including a premium) On First Call Rs 4 per share Rs 3 per share

All the shares were fully subscribed, called-up and paid.

Record these transactions in the journal and cash book of the company: (5 marks)

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