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1 Sanad Power Company was registered with a capital of BD 10,000,000 divided into 100,000 shares of BD 100 each. It issued 20.000 shares at

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1 Sanad Power Company was registered with a capital of BD 10,000,000 divided into 100,000 shares of BD 100 each. It issued 20.000 shares at a discount of BD 10 per share on application Payable as: BD 35 per share on application, BD 30 per share on the allotment, BD25 per share on the last call. Assume the following: 1. Numbers of shares received on the application are similar to your last five numbers of student's D. 2. Allotment and call money were duly received Requirement: Make journal entries in the books of the company

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