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Can Ltd forfeited 1000 eq shares …

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Can Ltd forfeited 1000 eq shares of ₹10each held by Mr srajan who had applied for 1200 shares and had paid only aplictn n allotment money of ₹4 per share. His shares were forfietd after the final call and later reissued to mr Sanjeev for ₹12 per share. Give journal for forfieture n reissue.
  • 1 answers

Aastha Tiwari 6 years, 8 months ago

Anyone plzz....only tell the amt that is to be transfd to capital reserve
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