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X ltd. Forfeited 1000 share of …

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X ltd. Forfeited 1000 share of 10 each (₹8called up ) for the non payment of the allotment money of ₹5 per share including ₹2 as premium.of these,800 share were re- issued to s at ₹7 per share as ₹8 called up . Journalise the above transaction in the book of xLtd

Posted by Sam Mondal 1 year, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Samyak Bhatia 1 year, 3 months ago

Capital reserve 5,000

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