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X.ltd forfeited 10 shares of 10 …

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X.ltd forfeited 10 shares of 10 each rs. 7 called up pn which the share holder had paid application and alloted money of rs. 5 per share .out pf these ,8per shAres were re-issued to y for rs.8per share as rs.8 paid up per share. Record the journal entries for forfeiture and re-issue of shares by opening call in arears account

Posted by Satwant Singh 5 years, 8 months ago

CBSE > Class 12 > Accountancy

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