Posted inAccountancy Class 12 General
JJK Ltd. Forfeited 100 shares of Rs 10 each (Rs 8 called up)
86 :- JJK Ltd. Forfeited 100 shares of Rs 10 each (Rs 8 called up) issued at a premium of Rs 2 per share to Rahul on which he had…
Posted inAccountancy Class 12 General
Record the Journal entries for forfeiture and reissue of shares
75 :- Record the Journal entries for forfeiture and reissue of shares in the following cases:(i) Basak Ltd. Forfeited 20 shares of Rs 10 each, Rs 7 called-up on which…
Posted inAccountancy Class 12 General
On 1st May, 2023, Moneyplus Ltd. Forfeited 200 shares
66 :- On 1st May, 2023, Moneyplus Ltd. Forfeited 200 shares of Rs 20 each, Rs 15 per share called-up, on which Rs 10 per share has been paid by A,…
Posted inAccountancy Class 12 General
Alfa Ltd. Forfeited 900 Equity Shares of Rs 100 each
64 :- Alfa Ltd. Forfeited 900 Equity Shares of Rs 100 each for the non-payment of allotment money of Rs 30 per share and the first call of Rs 20…