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Sources of Finance

Allotment of Shares

Task 1

DateDetailsNumberNom ValueOn Application
01/01/2004Ordinary shares offered for sale232653.52 
31/01/2004Applications received for26265 0.46
05/02/2004Allotment23265  

Required:

Prepare the application and allotment account to reflect these transactions.

You can complete this task either by filling in the interactive form below or on paper using the printable worksheet. N.B. Do not insert commas or spaces between your figures in the boxes below. Fill in all your answers to two decimal places.

Application and allotment a/c


Task 2

DateDetailsNumberNom ValueOn Application
01/01/2004Ordinary shares offered for sale123844.67 
31/01/2004Applications received for15384 0.57
05/02/2004Allotment12384  

Required:

Prepare the application and allotment account to reflect these transactions.

You can complete this task either by filling in the interactive form below or on paper using the printable worksheet. N.B. Do not insert commas or spaces between your figures in the boxes below. Fill in all your answers to two decimal places.

Application and allotment a/c


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