Give necessary Journal entries: The Directors …
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Give necessary Journal entries: The Directors of Devendra Ltd resolved on 1st January, 2010 that 100 Equity Shares of 10 each,
ts paid up be forfeited for non-payment of final call of 2.On 1st February, 60 of these shares were reissued 7 per share as fully paid-up Virender Limited forfeited 20 shares of 100 wach ( 60 called up issued at par to Mukesh on which he had paid 20 per share. Out of these 15 shares were reissued to Sanjeev as 60 paid-up for
745 per share
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