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Vami ltd. Has forfeited 400 equity …

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Vami ltd. Has forfeited 400 equity shares of rs. 10 each on non payment of 1st call rs.2 and finall call rs. 3 on each share has not been made. All these forfeited shares have been re issued @ rs. 8 per share and rs. 7 paid up. Pass journal entries in the books of the firm.

Posted by Minakshi Sahu 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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