Mohit Had Been Allotted For 600 Shares by a Govinda Ltd on Pro Rata Basis Which Had Issued Two Shares For Every Three Applied - Bzziii.com

Mohit had been allotted for 600 shares by a Govinda Ltd on pro rata basis which had issued two shares for every three applied. He had paid application
Mohit had been allotted for 600 shares by a Govinda Ltd on pro rata basis which had issued two shares for every three applied. He had paid application money of ₹3 per share and could not pay allotment money of ₹5 per share. First and final call of ₹2 per share was not yet made by the company. His shares were forfeited. the following entry will be passed: 

DateParticularsL.F.Amount (Rs.)Amount (Rs.)
Equity Share Capital A/cX

To share Forfeited A/cY

To Equity Share Allotment A/c z

Here X, Y and Z are: 

(A) ₹ 6,000; ₹2,700; ₹3,000 respectively. 
(B) ₹ 9,000; ₹2,700; ₹4,500 respectively. 
(C) ₹ 4,800; ₹2,700; ₹2,100 respectively. 
(D) ₹ 7,200; ₹2,700; ₹4,500 respectively.




(C) ₹ 4,800; ₹2,700; ₹2,100 respectively. 







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