M/s. V. B. Pharmaceuticals Ltd. offered for subscription its 10000 equity shares of ₹ 100 each at a premium of 20 per share. The amount was payable as follows :

On Application- 30 per share

On Allotment-P 60 per share (including premium)

On First and Final call- 30 per share

Applications were received for 15000 shares. Allotment was made on pro rata

basis to the applicants of 12000 shares. The remaining applications were rejected and money returned. Excess application money was adjusted on the

account of Sum Due on Allotment.

All money on allotment and call was duly received except on 1200 shares held by Vivek, who did not pay the call money. His shares were forfeited.

Make Journal Entries to record the above transactions in the books of the

company.​

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks

How does hipaa address employee’s access to e-phi?

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.