rejected applications.) 3. Share Allotment Account 5,000 Dr. 3,000 To Share Capital 2,000 To Share Premium (Allotment money and premium credited) 4. Bank Account Dr. 2,800 To Share Allotment 2,800 (Allotment money collected with default on 200 shares) 5. Share 1st Call Account 4,000 Dr. 4,000 To Share Capital (First call amount credited to share capital) 6. Bank Account 3,200 Dr. 3,200 To Share First Call (First call amount received with default on 200 shares) 7. Share Capital Account 2,000 Dr. 400 Share Premium Account 700 Dr. 800 To Share Allotment Account 900 To Share 1st Call Account To Share forfeiture Account (Shares with default forfeited) 8. Bank Account 800 Dr. 200 Share Forfeiture Account Dr 1,000 To Share Capital Account (Forfeited shares reissued) 9. Share Forfeiture Account 250 Dr. 250 To Capital Reserve (Surplus in the share forfeiture account transferred)
rejected applications.) 3. Share Allotment Account Dr. To Share Capital To Share Premium (Allotment money and premium credited) 5,000 3,000 2,000 4. Bank Account Dr. To Share Allotment (Allotment money collected with default on 200 shares) 2,800 2,800 5. Share 1st Call Account Dr. To Share Capital (First call amount credited to share capital) 4,000 4,000 6. Bank Account Dr. To Share First Call (First call amount received with default on 200 shares) 3,200 3,200 7. Share Capital Account Dr. Share Premium Account Dr. To Share Allotment Account To Share 1st Call Account To Share forfeiture Account (Shares with default forfeited) 2,000 400 700 800 900 8. Bank Account Dr. Share Forfeiture Account Dr To Share Capital Account (Forfeited shares reissued) 800 200 1,000 9. Share Forfeiture Account Dr. To Capital Reserve (Surplus in the share forfeiture account transferred) 250 250
217622_47073_company_account.docx