Walter limited purchase land and building costing rs20000000and in payment allotted 2000 equity shares of$100 each as fully paid further the company issued 4000 equity shares to the public the share were payable as follows on application$20 on allotment rs40 on call rs40 the public applied for all the share which are allotted all money were received give journal entries and the balance sheet of the company
Walter limited purchase land and building costing rs20000000and in payment allotted 2000 equity shares of$100 each as fully paid further the company issued 4000 equity shares to the public the share were payable as follows on application$20 on allotment rs40 on call rs40 the public applied for all the share which are allotted all money were received give journal entries and the balance sheet of the company