D Ltd. forfeited its 200 shares of 10 each on which 5 per share was received. Pass

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D Ltd. forfeited its 200 shares of ₹10 each on which ₹5 per share was received. Pass entry regarding re-issue of all the shares if:

(i) Shares are re-issued at ₹8 per share, fully paid up. 

(ii) Shares are re-issued for ₹4.50 as ₹7 called up.

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Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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