8 mark 16. (a) Green Ltd. Issued 40,000 shares of Rs.100 each at discount...
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Accounting
8 mark
16. (a) Green Ltd. Issued 40,000 shares of Rs.100 each at discount of Rs.10 per share payable as follows: Page 6 Rs. 30 on application Rs. 40 on allotment (including discount) and Rs. 20 on final call The shares were applied and allotted in full and all moneys were received in time. Prepare necessary ledger accounts
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