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Amina Ltd issued 2000 ordinary shares of no par value at $2 , each payable as follow: On Application $ 0.50 per share On Allotment
Amina Ltd issued 2000 ordinary shares of no par value at $2 , each payable as follow:
On Application $ 0.50 per share
On Allotment $ 0.80 per share
On 1st Call $ 0.30 per share
On second and final call $ 0.40 per share
Required:
Prepare the necessary ledger account and extract a statement of financial position
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