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X Ltd. Forfeited 1,000 shares of …

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X Ltd. Forfeited 1,000 shares of rs 10 each ( rs 8 called-up) for the non payment of the allotment of rs 5 per share including rs 2 as premium. Of these, 800 shares were reissued to S at rs 7 per share as rs 8 called-up. Journalise the above transactions in the books of X Ltd.

Posted by Juhi Yadav 5 years, 6 months ago

CBSE > Class 12 > Accountancy

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