Q 17 DK Goel Issue of Shares Solutions Class 12 CBSE (2024-25)

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Solutions of Question number 17 of Accounting for Companies Issue of shares chapter 6 of DK Goel Class 12 CBSE (2024-25)

Q. 17. On 1st February 2024, Raj Ltd. received in advance the first call of ₹ 25 per share on 4,000 equity shares. The first call was due on 31st March, 2024.

Journalise the above transactions.

Solution:-

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