Pushkar Ltd. invited applications for issuing 5,00,000 equity shares of Rs. 10 each at apremium of Rs. 3 per share. The whole amount was payable on application. The issue was fully subscribed. Pass necessary journal entries.

Satyam Ltd. invited applications for issuing 10,000 equity shares of Rs 100 each at a premium of Rs 20 per share. The whole amount was payable on application. The issue was fully subscribed. Pass necessary journal entries .

Shiva Ltd. issued 1,00,000 Equity Shares of Rs. 10 each at a permium of Rs. 5 per share. The whole amount was payable on application. The issue was fully subscribed . Pass necessary Journal entries.

(Issue of Shares At Par, Fully Subscribed, Amount Payable in Lump Sum). AD Deli Ltd. invited applications for 20,000 Equity Shares of Rs. 10 each at the issue price of Rs. 10. The amount payable along with application is Rs. 10. This issue was fully subscribed. Pass Journal entries for the above transactions and also prepare Balance Sheet of the Company.

BMY Ltd.' invited applications for issuing 1,00,000 Equity Shares of Rs. 10 each at a premium of Rs. 10 per share. The amount was payable as follows: On application-Rs. 10 per share (including Rs. 5 premium), On allotment-The balance. The issue was fully subscribed. A shareholder holding 300 shares paid the full share money with application. Another shareholder holding 200 shares failed to pay the allotment money. His shares were forfeited. Later on, these shares were reissued for Rs. 4,000 as fully paid-up. Pass necessary Journal entries for the above transactions in the books of BMK Ltd.

Luxury Cars Ltd. invited applications for issuing 10,000 equity shares of Rs. 50 each at a premium of Rs. 100 per share. The amount was payable as follows : On application - Rs. 75 per share (including Rs. 50 premium) On allotment - The balance The issue was fully subscribed. A shareholder holding 400 shares paid his entire share money at the time of application. Another shareholder holding 300 shares did not pay the allotment money. His shares were forfeited. The forfwited shares were later on re-issued for Rs. 9 per share as fully paid up. Pass necessary journal entries for the above transactions in the books of the company.

KS Ltd. Invited applications for issuing 1,60,000 equity shares of Rs. 10 each at a premium of Rs. 6 per share. The amount was payable as follows : On Application - Rs. 4 per share (including premium Rs. 1 per share) On Allotment - Rs. 6 per share (including premium Rs. 3 per share) On First and Final Call - Balance. Applications for 3,20,000 shares were received. applicatons for 80,000 shares were rejected and application money refunded. Shares were allotted on pro-rata basis to the remaining applicants. Excess money received with applications was adjusted towards sums due on allotment. Jain holding 800 shares, failed to pay the allotment money. His shares were forfeited immediately after allotment. Afterwards the final call was made. Gupta who had appled for 1,200 shares failed to pay the final call. These shares were also forfeited. Out of the forfeited shares 1,000 shares were re-issued at Rs. 8 per share fully paid up. The re-issued shares included all the forfeited shares of Jain. Assuming that the Company maintains Calls in Arrears Account, pass necessary Journal entries for the above transactions in the books of KS Ltd.