Text Limited made an issue of 20000 equity shares of hundred rupees payable as follows on application 25 rupees on allotment 25 rupees on first call 30 rupees on final call 20 rupees share holders holding 300 equity shares did not take calls money and the shares where forfeited 200 of the forfeited shares were issued as fully paid at 60 rupees per share prepare general entries share capital account and forfeited shares account in the books of X Limited?
Ref: https://edurev.in/question/589050/Text-Limited-made-an-issue-of-20000-equity-shares-
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