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:
Posted by N. Neha 2 years, 5 months ago
- 1 answers
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Sia ? 2 years, 5 months ago
The answer is (C) 4800, 2700, 2100 respectively.
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