On a share of Rs.100 issued at a premium of Rs.10 the whole amount has been...
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On a share of Rs.100 issued at a premium of Rs.10 the whole amount has been called up but one of the shareholders has paid only Rs.80. Such shares were forfeited. To record this, the Share Forfeiture a/c would be credited by A B C D Rs.80 Rs.20 Rs.30 Rs.70 On a share of Rs.100 issued at a premium of Rs.10 the whole amount has been called up but one of the shareholders has paid only Rs.80. Such shares were forfeited. To record this, the Share Forfeiture a/c would be credited by A B C D Rs.80 Rs.20 Rs.30 Rs.70
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