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Pro-rata Basis of Allotment of Shares - Corporate Accounting Lecture

Pro-rata allotment accounting tells you the system of use surplus of over-subscription money for adjusting the allotment money and other calls. Suppose, we have issued 1000 shares but we have received 2000 applications from same person.


It means, we can give 1/2 each share application. We have the excess of 1/2 application money which we can adjust with allotment and calls.

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Accounting ! Answers: Pro-rata Basis of Allotment of Shares - Corporate Accounting Lecture
Pro-rata Basis of Allotment of Shares - Corporate Accounting Lecture
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Accounting ! Answers
http://wiki.svtuition.org/2012/09/pro-rata-basis-of-allotment-of-shares.html
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http://wiki.svtuition.org/
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