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X LTD. Forfeited 1800 shares of …

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X LTD. Forfeited 1800 shares of RS 10 each issued at a premium of RS 60 per share to Karan who had applied for 2000 shares for non payment of allotment money RS 23 (including premium RS 20) and first call of RS 34 (including premium RS 30). Out of these, 50 per cent shares we're reissued at a premium of RS 40 per share. Give journal entries relating to forfeiture and reissue.

Posted by Anshul Tiwari 8 years, 2 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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