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A limited company issued 10,000 shares …

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A limited company issued 10,000 shares of ₹10 each at premium of ₹5 per share payable as ₹5 on application,₹7 (including premium) on allotment and ₹3 per share on call . All money were dully received except allotment and call money on 100 shares . the company forfeited these shares and subsequently re-issued as fully paid up for ₹1,200. Make necessary journal entries.

Posted by Rekha Chouhan 4 years, 2 months ago

ICSE & ISC > Class 12 > Accountancy

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