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Excell Company Limited made an issue …

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Excell Company Limited made an issue of 1,00,000 Equity Shares of R 5 .10 each, payable as follows: X, the holder of 400 shares did not pay the call money and his shares were forfeited. Two hundred of the forfeited shares were reissued as fully paid at R 5 .8 per share. Draft necessary journal entries and prepare Share Capital and Share Forfeited accounts in the books of the company. Rs.5.00 per share Rs.2.50 per share Rs.2.50 per share Rs. On 1st and Final Call On Allotment On Application

Posted by Aadith Jawahar 1 year, 11 months ago

CBSE > Class 11 > Accountancy

1 answers

Lalvanneii Vani 1 year, 10 months ago

What do you mean by creditor? Classify it and mention two example

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