Let's discuss Unit 1 Topic: Shares: Issue, Reissue and Forfeiture, B.Com Hons., IVth Sem, DU Share your opinion, doubts and problems about this document.

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B's 100 forfeited equity shares of 100each for non-payment of first and final call of 50 are reissued to c for 70 per share fully paid give the journal entries for recording forfeiture and reissue?

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The Directors of company forfeited 100 equity shares of face price Rs. 10 each and issue price of Rs. 15 each for non - payment of the first call of Rs. 2 and final call of Rs. 2. These shares were reissued to one of the directors upon payment of Rs. 8 as Fully paid up. pass journal entries of forfeiture , reissue and settlement of share forfeiture account. Related: Share Capital - Alteration Of Share Capital, Advanced Corporate Accounting?

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B ltd forfeited 100share of RS 10 each RS 8 per share being called up which were issued at a discount of RS 1 per share for non-payment of first call of RS 3 per share of these forfeited share 80 share were reissued subsequently by the company at RS 5 as RS 8 paid up per share.give journal entries for the forfeiture and reissue of share?

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Let's discuss Unit 1 Topic: Shares: Issue, Reissue and Forfeiture, B.Com Hons., IVth Sem, DU Share your opinion, doubts and problems about this document.

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