Z Ltd forfeited 150 shares of Rs10, issued at a premium of Rs2, for non-payment of the

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Z Ltd forfeited 150 shares of Rs10, issued at a premium of Rs2, for non-payment of the final call of Rs3. Of these 100 shares were re-issued Rs11 per share. How much is transferred to capital reserve.

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Posted Date: Dec 28, 2020 02:48 AM

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Z Ltd forfeited 150 shares of Rs10, issued at a premium of Rs2, for non-payment of the

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College Accounting

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