In the Books of XYZ

JOURNAL
Date Particulars L.F.
YZ

Amount (Dr.) Amount (Cr.)

 STATEM

Category Status

I Rejected

II 50%

III 100%

IV Pro rata
 STATEMENT SHOWING DETAILS OF SHARE APPLICATION MONEY
Disposition of Application Money
Shares Applied Shares Alloted App Money
Received Share Capital Allotment
of Application Money
Call-in-advance Refund
 Dr.
Receipt and Payment Account for the year ending Ma
Receipt Amount (Rs.)

Dr.
Income and Expenditure Account for the year ending M
Expenditure Amount (Rs.)
 Balance Sheet as on March 31, 2021
Liabilities Amount (Rs.)
 Cr.
nt for the year ending March 31, 2021
Payment Amount (Rs.)

Cr.
unt for the year ending March 31, 2021
Income Amount (Rs.)
as on March 31, 2021
Assets Amount (Rs.)
 In the Books of XYZ
JOURNAL
Date Particulars L.F. Amount (Dr.)
bant 1200000
to eq share application

share application 1200000

to eq share capital

share allotment 1200000

to share capital

bank 1176000
calls in arrear 24000
to equity share allotment

equity share first call 1800000

to share capital

bank 1738800
calls in arrears 61200
to equity share first call

equity share second and final call 1800000

to share capital
bank 1733400
calls in arrear 66600
to equity share second and final call

share capital ac 222000

to calls in arrears
to forfeited shares
Amount (Cr.)

120000

1200000

1200000

1200000

1800000

1800000

1800000
1800000

70200
151800
 STATEMENT SHOWING AMOUNT RECE
Share Application Rs.
Name of AllottNo. of Shares
OWING AMOUNT RECEIVED AND CALLS-IN-ARREARS ON FORFEITED SHARES
Share Allotment Rs. Share First Call Rs.
Share Second & Final Call Rs.
 In the Books of X Ltd
JOURNAL
Date Particulars
Working Notes
of X Ltd
AL
L.F. Amount (Dr.) Amount (Cr.)
Notes
 STATEMENT OF LIABILITY OF B LIST OF CONTR

Creditors outstanding on the date of such transfer N O

Date Rs. Rs. Rs. Rs.

Total (a)
No.of Shares held
Maximum Liability on Shares held (b)
Amount Paid - Lower of (a) or (b)
Working Notes

Step 1

Step 2

Step 3
Step 4

Step 5

Step 6
ILITY OF B LIST OF CONTRIBUTORIES

P Q

Amount to be paid to creditors

Rs. Rs. Rs.

Working Notes
 ESOPS
JOURNAL
In the Books of XYZ
Date Particulars
 Working Notes
Calculation of Intrinsic value of options

Calculation of Employees Compensation Expenses to be written off fo

XYZ
L.F. Amount (Dr.) Amount (Cr.)
 es
alue of options

to be written off for two and a half years