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A limited forfeited 2000 shares of …

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A limited forfeited 2000 shares of 10 each, fully called up, on which they had received only 14000. 50 of the forfeited shares were reissue of shares for 9 rupee per share .

Posted by Nisha Deshwal 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Yas S 8 years, 3 months ago

Share capital a/c 20000Dr to share forfeiture a/c14000 to calls in arrears a/c 6000 Bank a/k dr 450share forfeiture a/c50 Dr to share capital a/c 500 Share forfeiture a/c Dr 300to Capital reserve a/c 300

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