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.
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- 1 answers
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Vipul Ranjan 2 years, 1 month ago
2Thank You