Kanchan, the holder of 200 shares, paid her arrears in respect of shares first call of ₹ 25 on 1st August, 2022, the due date of call being 1st May, 2022. The interest chargeable on calls-in-Arrears is 10% p.a. Pass Journal entries.

Anurag Pathak Changed status to publish March 10, 2024
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