question_answer

Choose the incorrect option from the following:

A)

Bank A/c	Dr.
Calls-in Arrears A/c	Dr.
To First and Final Call A/c
(Being First and Final call received except on 200 shares)

 

B)

Bank A/c	Dr.
To Share Allotment A/c
To Calls-in-Advance A/c
(Being Allotment money received with first and final call on 200 shares)

 

C)

Share Application A/c	Dr.
To Share Allotment A/c
To Share Capital A/c
To Bank A/c
(Being Application money adjusted)

 

D)

Share Capital A/c	Dr.
To Bank A/c
To Share Forfeiture
(Being reissue of forfeited shares)