Question

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

Answer 1

Explanation:

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

Answer 2

Answer:

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