Sagar Ltd. issued a prospectus inviting applications for 30,000 shares of ₹ 10 each at a premium of ₹ 2 per share payable as ₹ 2 on application, ₹ 5 (including premium on Allotment, ₹ 3 on first call and balance on second and final call.

Applications were received for 28,000 shares. All money were duly received. Pass the necessary Journal entries.


Anurag Pathak Changed status to publish March 10, 2024
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