Journal Entries Questions

Match the transactional descriptions in List-I with their appropriate accounting journal entries in List-II:List-IList-II(A) For Transfer of Application Money(I) Share Allotment A/c Dr. To Share Capital A/c(B) For Money Refunded on Rejected Application(II) Share Application A/c Dr. To Share Capital A/c(C) For Amount Due on Allotment(III) Share Application A/c Dr. To Bank A/c(D) For Receipt of Allotment Money(IV) Bank A/c Dr. To Share Allotment A/cChoose the correct option from the choices given below:

Match List-I with List-IIList-IList-II(A) Payment of loans due to partners(I) Realisation A/c Dr To Bank A/c(B) For settlement of partners' accounts, in case their capital account shows a debit balance(II) Bank A/c Dr. To loan to partners(C) For settlement of loan by a firm to a partner(III) Bank A/c Dr. To Partner's Capital A/c(D) For settlement of any unrecorded liability(IV) Partner's Loan A/c Dr. To Bank A/cChoose the correct answer from the options given below:

Identify the sequence of journal entries with regard to the transfer of share application money and allotment of shares:(A) Share Allotment A/c Dr. To Share Capital A/c(B) Share Application A/c Dr. To Share Capital A/c(C) Bank A/c Dr. To Share Allotment A/c(D) Share Application A/c Dr. To Bank A/cChoose the correct answer from the options given below:

What will be the journal entries when a call is due and the amount of the same is received?