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

953 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

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

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