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Mohit had been allotted for 600 …

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Mohit had been allotted for 600 shares by a Govinda Ltd on pro rata basis which had issued two shares for every three applied. He had paid application money of ₹3 per share and could not pay allotment money of ₹5 per share. First and final call of ₹2 per share was not yet made by the company. His shares were forfeited. the following entry will be passed: Equity Share Capital A/c Dr ₹X To share Forfeited A/c ₹Y To Equity Share Allotment A/c ₹Z Here X, Y and Z are:
  • 1 answers

Sia ? 2 years, 5 months ago

The answer is (C) 4800, 2700, 2100 respectively. 

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