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G.ltd. forfeited 7000 equity shares of …

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G.ltd. forfeited 7000 equity shares of rs.100 each for the non payment of first call of rs.30 per share.these shares were issued at a premium of rs.30 per share.the second and final call of rs.20 per share was not yet made. the forfeited shares were reissued at rs.80 per share fully paid up.

Posted by Anshika Vashishtha 4 years, 7 months ago

CBSE > Class 12 > Accountancy

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