Stage-by-stage entries — application, allotment, first & final call — at par and at premium, with 10 solved problems.
10 Solved Sums
Q1
Issue at par — full set of entries
Q. Sun Ltd. issued 10,000 equity shares of ₹10 each payable: ₹3 on application, ₹4 on allotment, ₹3 on first & final call. All money received. Pass entries.
Q2
Issue at premium — entries at allotment
Q. Moon Ltd. issued 20,000 shares of ₹10 at ₹12. Application ₹3, Allotment ₹5 (incl. ₹2 premium), Call ₹4. All money received.
Swathika B is an MBA graduate in Finance & Business Analytics , the founder of The Commerce Lab. With a strong academic foundation in B.Com BFSI and hands-on experience in financial analysis, data analytics, and business studies, she created this platform to make Commerce and Accountancy simple, practical, and exam-ready for students across India.