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23)A company forfeited 4,000 shares of …

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23)A company forfeited 4,000 shares of 10 each, called up 8, on which application money of 3, 2 on allotment each has been paid. Out of these, 2,000 shares were reissued at 9 per share, fully paid. Pass necessary journal entries for above transactions.

Posted by Puja Acharya 1 year, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Vipul Ranjan 1 year, 1 month ago

Bank account to application account 12000

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