Question

12. Niku Ltd. forfeited 5,000 shares of 10 each, fully called upon which Mrs. Anna has paid
only application and allotment money of 76 per share. All the shares were reied to Mr.
Abhi at 9 as fully paid up.
Pass Journal Entries.
W.AC. 2016)
(Ans. Capital Reserve * 25,000)​

Answer 1

Answer:

25000000 is the answer