A Ltd. issued 10,000 equity shares of 10 each, payable as under: The public applied for 8,000
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A Ltd. issued 10,000 equity shares of ₹10 each, payable as under:
The public applied for 8,000 shares, which are allotted. All the money due on shares was received except the first and final call on 100 shares. These shares were forfeited and re-issued at ₹8 per share. Show the journal entries in the books of the company.
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Date Bank Ac Journal Entries Particulars To Share Application Ac Being share application money recei...View the full answer
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