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VT Ltd. forfeited 200 shares of ₹ 10 each, issued at a premium of ₹ 5 per share

955 viewsMarch 10, 2024[ISC] Accounting for Share Capital

Anurag Pathak28.60K March 4, 2024 0 Comments

VT Ltd. forfeited 200 shares of ₹ 10 each, issued at a premium of ₹ 5 per share, held by Mohan for non-payment of the final call of ₹ 3 per share. 100 out of these shares were reissued to Narender at ₹ 12 per share. Pass Journal entries and prepare Forfeited Shares Account.

Anurag Pathak Changed status to publish March 10, 2024

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Anurag Pathak28.60K Posted March 4, 2024 0 Comments

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Anurag Pathak Changed status to publish March 4, 2024

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Anurag Pathak

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