Rs. Rs. Dr. 10,80.000 10,80,000 Dr. 10,80,000 10,80,000 Particulars Sundry Assets Account To Q Alc (Purchase of assets from Lid. as per agreement dated .....) If shares are issued at a par: Q Ltd. To Equity Share Capital Alc (Allotment of 1,08,000 equity shares of Rs. 10 each to vendors as fully paid-up for consideration other than cash as per Bourd's resolution dated..........) If shares are issued at a premium of 25%: Q Ltd. To Equity Share Capital Alc To Securities Premium Alc (Allotment of 86,400 equity shares of Rs. 10 each at a premium of Rs. 2.50 per share to vendors as fully paid-up for consideration other than cash as per Board's resolution dated ..........) Dr. 10,80,000 8.64,000 2,16,000 Tri-metal Alloys Limited was registered on 1st April, 2005 with an authorised capital 2.2 1,00,000 equity shares of Rs. 10 each and 50,000, 9% preference shares of Rs. 100 each. On 1 May, 2005 the company came out with an issue of 50,000 equity shares at par, the amount payable on application being Rs. 2 per share. The whole of the preference capital was offered for subscrip- tion by public on 1 June, 2005, the amount payable on application per share being Rs. 25. 939 Applications were received for the shares as noted below: No. of Shares Preference Date 31-5-2005 30-6-2005 15-7-2005 Equity 6,000 24,000 20,000 10,000 The Company finalised the allotments by resolutions on 15 July, 2005, calling Rs. 2.50 per equity share and Rs. 25 per preference share. All these were received by 31st July, 2005. Show the journal entries in the books of the Company for the above transactions (including cash transactions)