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Y Ltd. forfeited 1,500 shares of …

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Y Ltd. forfeited 1,500 shares of Rs. 10 each (Rs. 7 called-up) for non-payment of the allot money of Rs. 4 per share including Rs. 1 as premium. Of these 1,000 shares were reissue M at Rs.6 per share as Rs. 7 called-up. Journalise the above transactions in the books of Y.

Posted by Rimjhim Singh 3 years, 4 months ago

CBSE > Class 12 > Accountancy

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