Question
Christchurch Ltd was registered on January 31, 2021. The company invited the public to subscribe to the issue of 70,000 ordinary shares for $2.00 per
Christchurch Ltd was registered on January 31, 2021. The company invited the public to subscribe to the issue of 70,000 ordinary shares for $2.00 per share: $1.20 due on application, $0.60 due on allotment and the balance due on call. January 10 Prospectus issued March 1 Received applications for 70,000 shares March 2 Allotted 70,000 ordinary shares March 31 All allotment money received November 1 Remaining capital called November 10 All money due on the call is received Required: Record the above economic transactions in the general journal below. Date all journals transactions
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