Sagar Ltd. issued a prospectus inviting applications for 30,000 shares of ₹ 10 each
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Lovely Ltd. issued 40,000 shares of ₹ 10 each payable as follows:
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Business Solutions Ltd. issued for subscription 20,000 shares of ₹ 100 each payable ₹ 25 on application
Solution:- In the Books of Business Solutions Ltd. Journal
GSC IT Solutions Ltd. issued 20,000 Equity Shares of ₹ 10 each payable as ₹ 3 on application
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Linux Ltd. was registered with a capital of ₹ 10,00,000 divided into 20,000 shares of ₹ 50 each
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Saya Ltd. invited applications for 75,000 Equity Shares of ₹ 100 each on the following terms
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English Tulips Ltd. issued for subscription 20,000 shares of ₹ 100 each payable ₹ 25 on application
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Manik Ltd. issued for subscription 25,000 Equity Shares of ₹ 10 each payable as follows:
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Imam Urbanline Ltd. invited applications for 10,000 shares of ₹ 10 each payable as ₹ 2 on application
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Ajay, the holder of 100 shares, paid his second call of ₹ 10 along with the share first call money
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