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Ghosh Ltd. made the second and final call on its 50,000

Home » Ghosh Ltd. made the second and final call on its 50,000

34 :- Ghosh Ltd. made the second and final call on its 50,000 Equity Shares @ Rs 2 per share on 1st January, 2016. The entire amount was received on 15th January,2016 except on 100 shares alloted to Venkat. Pass necessary Journal entries for the call money due and received by opening Calls-in-Arrears Account.

Solution :-

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