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myCBSEguide No products in the cart. Homework HelpCBSEClass 12Accountancy Accountancy publication ltd. issued 50000 equity … CBSE, JEE, NEET, CUET Question Bank, Mock Tests, Exam Papers NCERT Solutions, Sample Papers, Notes, Videos Install Now Accountancy publication ltd. issued 50000 equity shares of 10rup each at a premium of 10% payable as under: On application 3; on allotment 4(premium);on first call 2;and on final call 2. The whole of the issue was called for by the company and all the money were duly received except the allotment and calls money on 500 shares. These shares were, therefore, forfeited and later on re-issued at 9 per share as fully paid. Pass the necessary journal entries to record the above transaction. Plz sir solve it..
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