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…